Advisory Services Network LLC Has $6.61 Million Holdings in iShares Semiconductor ETF $SOXX

Advisory Services Network LLC reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 43.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,546 shares of the exchange traded fund’s stock after selling 21,503 shares during the period. Advisory Services Network LLC’s holdings in iShares Semiconductor ETF were worth $6,612,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its stake in shares of iShares Semiconductor ETF by 220.2% in the 1st quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock valued at $182,198,000 after acquiring an additional 665,867 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of iShares Semiconductor ETF by 4,677.9% during the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 201,722 shares of the exchange traded fund’s stock worth $48,151,000 after purchasing an additional 197,500 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Semiconductor ETF by 7.2% in the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after acquiring an additional 159,203 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of iShares Semiconductor ETF by 304.7% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 156,338 shares of the exchange traded fund’s stock worth $37,317,000 after purchasing an additional 117,703 shares during the period. Finally, Wellspring Financial Advisors LLC bought a new stake in shares of iShares Semiconductor ETF in the second quarter valued at about $25,749,000.

iShares Semiconductor ETF Trading Down 4.8%

SOXX opened at $299.48 on Monday. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $317.35. The stock’s 50 day simple moving average is $294.43 and its 200-day simple moving average is $261.73. The stock has a market cap of $16.01 billion, a PE ratio of 31.84 and a beta of 1.51.

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).