Karp Capital Management Corp acquired a new stake in iShares PHLX Semiconductor ETF (NASDAQ:SOXX) in the 1st quarter, HoldingsChannel reports. The fund acquired 14,053 shares of the exchange traded fund’s stock, valued at approximately $2,664,000.
Several other institutional investors have also recently made changes to their positions in the company. Cetera Advisors LLC acquired a new position in iShares PHLX Semiconductor ETF during the first quarter valued at $32,000. Benjamin F. Edwards & Company Inc. raised its position in iShares PHLX Semiconductor ETF by 825.9% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 250 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 223 shares during the period. Financial Gravity Wealth Inc. acquired a new position in iShares PHLX Semiconductor ETF during the first quarter valued at $43,000. Bessemer Group Inc. raised its position in iShares PHLX Semiconductor ETF by 797.1% during the fourth quarter. Bessemer Group Inc. now owns 305 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 271 shares during the period. Finally, Flagship Harbor Advisors LLC raised its position in iShares PHLX Semiconductor ETF by 125.4% during the fourth quarter. Flagship Harbor Advisors LLC now owns 417 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 232 shares during the period.
NASDAQ:SOXX traded up $1.84 during trading hours on Wednesday, hitting $198.05. 51,168 shares of the company’s stock traded hands, compared to its average volume of 725,427. iShares PHLX Semiconductor ETF has a twelve month low of $144.79 and a twelve month high of $218.00.
TRADEMARK VIOLATION NOTICE: This story was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. & international trademark and copyright laws. The original version of this story can be viewed at https://www.dispatchtribunal.com/2019/05/15/karp-capital-management-corp-invests-2-66-million-in-ishares-phlx-semiconductor-etf-soxx.html.
iShares PHLX Semiconductor ETF Company 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).
Recommended Story: Growth and Income Funds
Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares PHLX Semiconductor ETF (NASDAQ:SOXX).
Receive News & Ratings for iShares PHLX Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares PHLX Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.