Financial Partners Group Inc Sells 989 Shares of iShares Semiconductor ETF $SOXX

Financial Partners Group Inc trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,471 shares of the exchange traded fund’s stock after selling 989 shares during the period. 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’s holdings in iShares Semiconductor ETF were worth $14,597,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. First Horizon Corp bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth $646,000. Concurrent Investment Advisors LLC raised its stake in shares of 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 purchasing an additional 3,616 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth $2,468,000. Moulton Wealth Management Inc. bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $5,773,000. Finally, CoreCap Advisors LLC raised its stake in iShares Semiconductor ETF by 4,466.4% in the 3rd quarter. CoreCap Advisors LLC now owns 6,941 shares of the exchange traded fund’s stock valued at $1,882,000 after acquiring an additional 6,789 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $520.30 on Friday. iShares Semiconductor ETF has a 52-week low of $192.28 and a 52-week high of $520.46. The stock’s 50-day simple moving average is $375.43 and its 200 day simple moving average is $337.48. The stock has a market capitalization of $33.72 billion, a P/E ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced 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.