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Dowling & Yahnke LLC expands its holdings of the iShares Semiconductor ETF (NASDAQ:SOXX)

Dowling & Yahnke LLC expands its holdings of the iShares Semiconductor ETF (NASDAQ:SOXX)

The most recent 13F filing that Dowling & Yahnke LLC made with the Securities and Exchange Commission (SEC) indicates the company’s holdings in the iShares Semiconductor ETF (NASDAQ: SOXX) have increased by 10.0% over the course of the third quarter. Dowling & Yahnke LLC is a limited liability company in the United States. After making additional purchases of 3,841 shares of the stock of the exchange-traded Fund throughout the month, the institutional investor finished the period with a total of 42,406 shares of the Fund’s stock in their possession. According to the most recent SEC filing that Dowling & Yahnke LLC has made, the company owns approximately 0.25 percent of the iShares Semiconductor ETF, which currently has a market value of 13,516,000 dollars.

In recent months, several hedge funds and other institutional investors have modified their previous approaches to investing in the SOXX. During the second quarter, the investment portfolio managed by Tyler Stone Wealth Management increased the percentage of its holdings that are invested in the iShares Semiconductor ETF by 29.2 percent. As a result of purchasing an additional 26 shares during the most recent fiscal quarter, Tyler Stone Wealth Management now has 115 stocks in the exchange-traded Fund. Each share of this stock has a value of $40,000, and the Fund itself is valued at that amount. During the third quarter of 2018, J.W. Cole Advisors Inc. increased the percentage of its holdings allocated to the iShares Semiconductor ETF by 3.1%. After making an additional purchase of 31 shares during the most recent quarter, J.W. Cole Advisors Inc. now holds a total of 1,029 shares of the stock of the exchange-traded Fund, which have a combined value of $328,000; this brings the total number of shares owned by the company to 1,029. Joseph P. Lucia & Associates LLC increased the percentage of the iShares Semiconductor ETF that it was holding by 2.8% during the second quarter. Joseph P. Lucia & Associates LLC now has 1,159 shares of the exchange-traded Fund after purchasing 32 additional shares during the most recent quarter. The firm’s exchange-traded fund holdings are currently valued at $405,000. During the second quarter of 2018, the value of the investment that Heritage Wealth Advisors had made in the iShares Semiconductor ETF increased by 32.4%. Heritage Wealth Advisors has 143 shares in the $50,000 exchange-traded fund after purchasing 35 shares during the most recent quarter. This brings the total number of shares owned by Heritage Wealth Advisors to 148. The total number of shares held by Heritage Wealth Advisors is now 143 after this most recent transaction. Last but certainly not least, during the third quarter, Keel Point LLC increased the percentage of iShares Semiconductor ETF shares it owned by 5.8%. This is not to say that this is Keel Point LLC’s least important accomplishment.

Keel Point LLC now directly owns 716 shares of the stock of the exchange-traded Fund, which have a value of $228,000 due to the acquisition of an additional 39 shares during the most recent fiscal quarter. The SOXX index reached a price of $391.28 on Wednesday, representing an increase of $4.63 from its previous value. In comparison to the normal volume of 1,072,550 shares, only 18,807 of the company’s shares were traded during this transaction. Both the company’s 50-day simple moving average and its 200-day simple moving average are currently at $362.89. The company’s 50-day simple moving average is $367.74. During the previous year, the iShares Semiconductor ETF traded as low as $287.82 and as high as $526.68. The lowest price it ever reached was $287.82.

In addition, the company has just recently announced and paid out a quarterly dividend, which was done so on December 19. The dividend was paid out on December 14 to shareholders who had their shares recorded for $1.062 or higher when the dividend was calculated. This translates to a yield of 1.09% and a dividend payment of $4.25 yearly for every shareholder. The dividend was disbursed to shareholders on Tuesday, December 13, the month of December.

Formerly known as the iShares PHLX SOX Semiconductor Sector Index Fund, the iShares PHLX Semiconductor ETF is now simply known as the iShares PHLX Semiconductor ETF. Currently, the investment vehicle is known as the iShares PHLX Semiconductor ETF (the Fund). The price and yield performance of US-listed semiconductor equities are reflected in the PHLX Semiconductor Sector Index. This index is used to measure the performance of these equities. The objective of the Fund is to pursue investment returns that, before deducting fees and expenses, are typically commensurate with the price and yield performance of the index.

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