Analyst IMS Investment Management Services Ltd. Boosts Holdings in iShares Semiconductor ETF $SOXX

Analyst IMS Investment Management Services Ltd. increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 4.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 159,111 shares of the exchange traded fund’s stock after purchasing an additional 6,953 shares during the quarter. iShares Semiconductor ETF accounts for 1.3% of Analyst IMS Investment Management Services Ltd.’s portfolio, making the stock its 11th largest position. Analyst IMS Investment Management Services Ltd. owned 0.30% of iShares Semiconductor ETF worth $43,138,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SOXX. Rehmann Capital Advisory Group lifted its holdings in iShares Semiconductor ETF by 2.4% in the 2nd quarter. Rehmann Capital Advisory Group now owns 1,801 shares of the exchange traded fund’s stock worth $430,000 after buying an additional 42 shares in the last quarter. Condor Capital Management increased its position in shares of iShares Semiconductor ETF by 0.4% during the second quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock worth $2,357,000 after acquiring an additional 43 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of iShares Semiconductor ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 44 shares in the last quarter. CWM LLC boosted its holdings in iShares Semiconductor ETF by 1.0% in the second quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock valued at $1,157,000 after purchasing an additional 49 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its stake in iShares Semiconductor ETF by 1.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,684 shares of the exchange traded fund’s stock valued at $880,000 after purchasing an additional 49 shares in the last quarter.

iShares Semiconductor ETF Stock Down 0.2%

SOXX stock opened at $305.32 on Tuesday. The stock’s 50 day moving average is $297.57 and its two-hundred day moving average is $268.17. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $317.35. The company has a market capitalization of $16.32 billion, a PE ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.4363 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.75 annualized dividend and a yield of 0.6%.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.