ProVise Management Group LLC Trims Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

ProVise Management Group LLC cut its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 12.5% in the second quarter, Holdings Channel.com reports. The fund owned 1,680 shares of the exchange traded fund’s stock after selling 240 shares during the period. ProVise Management Group LLC’s holdings in iShares Semiconductor ETF were worth $414,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SOXX. Financial Synergies Wealth Advisors Inc. increased its position in shares of iShares Semiconductor ETF by 200.0% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 114 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 76 shares during the last quarter. Transcendent Capital Group LLC acquired a new stake in shares of iShares Semiconductor ETF during the second quarter valued at about $31,000. LRI Investments LLC acquired a new stake in shares of iShares Semiconductor ETF during the first quarter valued at about $33,000. BOK Financial Private Wealth Inc. increased its position in shares of iShares Semiconductor ETF by 200.0% during the first quarter. BOK Financial Private Wealth Inc. now owns 150 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 100 shares during the last quarter. Finally, Tortoise Investment Management LLC purchased a new position in iShares Semiconductor ETF during the 4th quarter valued at about $36,000.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $223.67 on Friday. The company has a market cap of $14.09 billion, a P/E ratio of 10.60 and a beta of 1.34. The stock has a 50-day moving average of $224.92 and a two-hundred day moving average of $229.12. iShares Semiconductor ETF has a 1-year low of $144.40 and a 1-year high of $267.24.

iShares Semiconductor ETF Profile

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index).