KFG Wealth Management LLC Reduces Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

KFG Wealth Management LLC trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 88.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,525 shares of the exchange traded fund’s stock after selling 12,190 shares during the quarter. KFG Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $329,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AlphaMark Advisors LLC bought a new position in shares of iShares Semiconductor ETF during the 4th quarter valued at about $42,000. Juncture Wealth Strategies LLC raised its holdings in shares of iShares Semiconductor ETF by 6.9% during the 4th quarter. Juncture Wealth Strategies LLC now owns 5,384 shares of the exchange traded fund’s stock worth $1,160,000 after acquiring an additional 349 shares in the last quarter. Nikulski Financial Inc. boosted its position in shares of iShares Semiconductor ETF by 24.0% during the 4th quarter. Nikulski Financial Inc. now owns 8,055 shares of the exchange traded fund’s stock valued at $1,736,000 after acquiring an additional 1,558 shares during the last quarter. Grimes & Company Inc. purchased a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at $243,000. Finally, Cyndeo Wealth Partners LLC increased its position in iShares Semiconductor ETF by 1.5% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,704 shares of the exchange traded fund’s stock worth $798,000 after purchasing an additional 54 shares during the last quarter.

iShares Semiconductor ETF Stock Down 2.0 %

Shares of NASDAQ:SOXX opened at $230.64 on Friday. The firm has a fifty day simple moving average of $220.66 and a two-hundred day simple moving average of $224.99. iShares Semiconductor ETF has a 52 week low of $192.87 and a 52 week high of $267.24. The stock has a market capitalization of $14.54 billion, a P/E ratio of 10.60 and a beta of 1.34.

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 paid a dividend of $0.3578 per share. The ex-dividend date 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).