CacheTech Inc. Purchases 3,317 Shares of iShares Semiconductor ETF $SOXX

CacheTech Inc. raised its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 13.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,112 shares of the exchange traded fund’s stock after acquiring an additional 3,317 shares during the period. iShares Semiconductor ETF makes up 1.2% of CacheTech Inc.’s portfolio, making the stock its 24th biggest holding. CacheTech Inc.’s holdings in iShares Semiconductor ETF were worth $6,472,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bison Wealth LLC acquired a new position in shares of iShares Semiconductor ETF during the 4th quarter worth about $201,000. Kovitz Investment Group Partners LLC increased its position in iShares Semiconductor ETF by 27.7% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 3,955 shares of the exchange traded fund’s stock worth $744,000 after buying an additional 857 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of iShares Semiconductor ETF by 7.0% during the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock worth $65,062,000 after buying an additional 22,675 shares during the last quarter. Quantbot Technologies LP boosted its position in shares of iShares Semiconductor ETF by 35.4% in the first quarter. Quantbot Technologies LP now owns 3,445 shares of the exchange traded fund’s stock valued at $648,000 after acquiring an additional 900 shares during the period. Finally, HITE Hedge Asset Management LLC bought a new stake in shares of iShares Semiconductor ETF in the first quarter valued at approximately $943,000.

iShares Semiconductor ETF Trading Down 4.8%

Shares of SOXX stock opened at $299.48 on Monday. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $317.35. The firm’s fifty day simple moving average is $294.43 and its 200 day simple moving average is $261.73. The firm has a market capitalization of $16.01 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares 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).