Financial Partners Group Inc Has $14.60 Million Position in iShares Semiconductor ETF $SOXX

Financial Partners Group Inc lowered its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,471 shares of the exchange traded fund’s stock after selling 989 shares during the quarter. iShares Semiconductor ETF comprises approximately 1.7% of Financial Partners Group Inc’s investment portfolio, making the stock its 19th largest holding. Financial Partners Group Inc owned about 0.08% of iShares Semiconductor ETF worth $14,597,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. First Horizon Corp purchased a new position in iShares Semiconductor ETF during the 3rd quarter worth $646,000. Concurrent Investment Advisors LLC boosted its holdings in iShares Semiconductor ETF by 34.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,167 shares of the exchange traded fund’s stock worth $3,841,000 after acquiring an additional 3,616 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in iShares Semiconductor ETF during the 3rd quarter worth $2,468,000. Moulton Wealth Management Inc. purchased a new position in iShares Semiconductor ETF during the 4th quarter worth $5,773,000. Finally, CoreCap Advisors LLC boosted its holdings in iShares Semiconductor ETF by 4,466.4% during the 3rd quarter. CoreCap Advisors LLC now owns 6,941 shares of the exchange traded fund’s stock worth $1,882,000 after acquiring an additional 6,789 shares during the last quarter.

iShares Semiconductor ETF Price Performance

SOXX opened at $520.30 on Friday. The company has a market capitalization of $33.72 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75. The firm’s fifty day moving average price is $375.43 and its two-hundred day moving average price is $337.48. iShares Semiconductor ETF has a 1 year low of $192.28 and a 1 year high of $520.46.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.2079 per share. This represents a $0.83 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.