Concurrent Investment Advisors LLC Has $3.84 Million Position in iShares Semiconductor ETF $SOXX

Concurrent Investment Advisors LLC boosted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 34.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,167 shares of the exchange traded fund’s stock after acquiring an additional 3,616 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $3,841,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $25,000. Financial Consulate Inc. bought a new stake in iShares Semiconductor ETF in the third quarter valued at $34,000. GFG Capital LLC acquired a new position in iShares Semiconductor ETF during the second quarter worth $32,000. Johnson Financial Group Inc. acquired a new position in iShares Semiconductor ETF during the second quarter worth $32,000. Finally, Blue Trust Inc. lifted its holdings in shares of iShares Semiconductor ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 44 shares during the period.

iShares Semiconductor ETF Stock Down 0.4%

Shares of iShares Semiconductor ETF stock opened at $331.90 on Thursday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $336.42. The stock has a market capitalization of $19.43 billion, a P/E ratio of 31.84 and a beta of 1.51. The company has a 50-day simple moving average of $302.24 and a 200 day simple moving average of $275.44.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.4363 dividend. This represents a $1.75 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, December 16th.

iShares Semiconductor ETF 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.