Avondale Wealth Management Has $609,000 Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Avondale Wealth Management lowered its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 41.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,825 shares of the exchange traded fund’s stock after selling 1,996 shares during the period. Avondale Wealth Management’s holdings in iShares Semiconductor ETF were worth $609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversified Trust Co boosted its holdings in shares of iShares Semiconductor ETF by 7.2% during the 4th quarter. Diversified Trust Co now owns 1,928 shares of the exchange traded fund’s stock valued at $415,000 after acquiring an additional 129 shares in the last quarter. Integrated Capital Management LLC increased its stake in shares of iShares Semiconductor ETF by 1,302.8% in the fourth quarter. Integrated Capital Management LLC now owns 15,585 shares of the exchange traded fund’s stock valued at $3,358,000 after buying an additional 14,474 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares Semiconductor ETF by 2.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock valued at $286,979,000 after buying an additional 24,055 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in iShares Semiconductor ETF by 145.9% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 14,833 shares of the exchange traded fund’s stock worth $3,406,000 after buying an additional 8,800 shares during the period. Finally, Franklin Resources Inc. boosted its position in iShares Semiconductor ETF by 84.5% during the 3rd quarter. Franklin Resources Inc. now owns 6,650 shares of the exchange traded fund’s stock worth $1,595,000 after buying an additional 3,045 shares during the period.

iShares Semiconductor ETF Stock Down 1.8 %

NASDAQ SOXX traded down $3.93 on Friday, hitting $219.61. The company’s stock had a trading volume of 1,159,695 shares, compared to its average volume of 2,842,245. The company’s 50-day moving average is $219.78 and its 200 day moving average is $226.96. The firm has a market cap of $14.10 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $182.97 and a 1-year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Semiconductor ETF Company 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).