Kelly Financial Services LLC Buys 1,782 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Kelly Financial Services LLC lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 7.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,064 shares of the exchange traded fund’s stock after acquiring an additional 1,782 shares during the quarter. iShares Semiconductor ETF accounts for about 1.6% of Kelly Financial Services LLC’s investment portfolio, making the stock its 18th largest holding. Kelly Financial Services LLC’s holdings in iShares Semiconductor ETF were worth $4,716,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in SOXX. Hopwood Financial Services Inc. bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth approximately $30,000. Transce3nd LLC purchased a new position in shares of iShares Semiconductor ETF in the fourth quarter worth approximately $38,000. NBC Securities Inc. purchased a new position in shares of iShares Semiconductor ETF in the first quarter worth approximately $47,000. Roxbury Financial LLC purchased a new position in shares of iShares Semiconductor ETF in the fourth quarter worth approximately $53,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of iShares Semiconductor ETF by 548.8% in the fourth quarter. Russell Investments Group Ltd. now owns 266 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 225 shares during the last quarter.

iShares Semiconductor ETF Trading Down 0.3%

SOXX opened at $226.56 on Thursday. The company has a market cap of $13.06 billion, a price-to-earnings ratio of 29.38 and a beta of 1.34. The company’s 50 day moving average is $193.14 and its 200 day moving average is $206.72. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $0.2611 dividend. The ex-dividend date was Tuesday, March 18th.

About iShares 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).