Affinity Wealth Management Trims Position in iShares Semiconductor ETF

Affinity Wealth Management LLC has marginally reduced its investment in the iShares Semiconductor ETF (NASDAQ:SOXX), according to recent reports. The firm offloaded about 0.2% of its shares in the fund, which is listed on the NASDAQ and offers investors exposure to the semiconductor sector. As a result of this sale, Affinity Wealth Management LLC now holds 39,287 shares of the ETF.

Impact on Affinity Wealth Management's Portfolio

The iShares Semiconductor ETF represents a significant portion of Affinity Wealth Management's holdings, making up approximately 4.6% of its total portfolio. This ETF ranks as the third largest position within the firm's investments. Following the recent transactions, the fund's stake owned by the firm was valued at nearly $19.93 million.

Other Funds' Activity in SOXX

Movement in SOXX holdings has not been limited to Affinity Wealth Management. Beacon Capital Management LLC substantially increased its stake by 250%, now holding 56 shares. Similarly, new positions were obtained by Sittner & Nelson LLC and Bank Julius Baer & Co. Ltd Zurich, reflecting continued interest in the ETF from various financial entities.

SOXX Performance and Dividends

With respect to performance, iShares Semiconductor ETF opened at $521.86 on the stock market and has shown substantial fluctuations over the past year, with a low of $336.15 and a high of $536.88. Investors holding shares of the ETF enjoyed a recently declared quarterly dividend, amounting to an annualized dividend yield of 1.28%.

About iShares Semiconductor ETF

The ETF is designed to track the price and yield performance of publicly-listed semiconductor stocks in the United States, as represented by the PHLX Semiconductor Sector Index. The fund provides investors exposure to a sector that is critical to an ever-growing range of technologies.

Accessing Further Information

Investors looking for additional data on hedge fund-specific holdings and trades in iShares Semiconductor ETF can explore the latest filings.

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