iShares PHLX Semiconductor ETF (SOXX) Position Decreased by IFP Advisors Inc

IFP Advisors Inc reduced its position in iShares PHLX Semiconductor ETF (NASDAQ:SOXX) by 32.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,627 shares of the exchange traded fund’s stock after selling 1,710 shares during the quarter. IFP Advisors Inc owned approximately 0.05% of iShares PHLX Semiconductor ETF worth $565,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Morgan Stanley increased its stake in shares of iShares PHLX Semiconductor ETF by 58.2% in the third quarter. Morgan Stanley now owns 925,250 shares of the exchange traded fund’s stock valued at $171,217,000 after buying an additional 340,228 shares in the last quarter. Credit Suisse AG increased its stake in shares of iShares PHLX Semiconductor ETF by 14,384.2% in the third quarter. Credit Suisse AG now owns 286,788 shares of the exchange traded fund’s stock valued at $53,070,000 after buying an additional 284,808 shares in the last quarter. Assetmark Inc. increased its stake in shares of iShares PHLX Semiconductor ETF by 6.8% in the third quarter. Assetmark Inc. now owns 701,114 shares of the exchange traded fund’s stock valued at $129,741,000 after buying an additional 44,584 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of iShares PHLX Semiconductor ETF in the third quarter valued at $4,934,000. Finally, Wells Fargo & Company MN increased its stake in shares of iShares PHLX Semiconductor ETF by 10.9% in the third quarter. Wells Fargo & Company MN now owns 239,345 shares of the exchange traded fund’s stock valued at $44,291,000 after buying an additional 23,619 shares in the last quarter.

SOXX stock traded up $1.97 during midday trading on Friday, reaching $185.50. The stock had a trading volume of 293,587 shares, compared to its average volume of 639,530. iShares PHLX Semiconductor ETF has a twelve month low of $144.79 and a twelve month high of $198.84.

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About iShares PHLX Semiconductor ETF

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).

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