Kelly Financial Services LLC Has $5.02 Million Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Kelly Financial Services LLC boosted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 23,282 shares of the exchange traded fund’s stock after buying an additional 1,026 shares during the quarter. iShares Semiconductor ETF accounts for 1.5% of Kelly Financial Services LLC’s investment portfolio, making the stock its 17th biggest position. Kelly Financial Services LLC’s holdings in iShares Semiconductor ETF were worth $5,018,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Patriot Investment Management Group Inc. increased its stake in shares of iShares Semiconductor ETF by 1.7% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 2,702 shares of the exchange traded fund’s stock worth $623,000 after purchasing an additional 45 shares during the last quarter. Integrity Financial Corp WA grew its holdings in iShares Semiconductor ETF by 34.4% during the third quarter. Integrity Financial Corp WA now owns 207 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 53 shares during the period. Signature Estate & Investment Advisors LLC increased its position in iShares Semiconductor ETF by 4.9% during the third quarter. Signature Estate & Investment Advisors LLC now owns 1,127 shares of the exchange traded fund’s stock worth $260,000 after buying an additional 53 shares during the last quarter. KCM Investment Advisors LLC increased its position in iShares Semiconductor ETF by 3.5% during the third quarter. KCM Investment Advisors LLC now owns 1,740 shares of the exchange traded fund’s stock worth $401,000 after buying an additional 59 shares during the last quarter. Finally, Hollencrest Capital Management raised its stake in iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 60 shares during the period.

iShares Semiconductor ETF Trading Up 2.8 %

Shares of NASDAQ SOXX opened at $229.74 on Friday. The company has a market capitalization of $14.97 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $189.81 and a 12 month high of $267.24. The stock has a 50 day moving average of $219.31 and a 200-day moving average of $225.81.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders 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 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).