Florin Court Capital LLP Boosts Stock Position in iShares Semiconductor ETF $SOXX

Florin Court Capital LLP boosted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 107.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,400 shares of the exchange traded fund’s stock after buying an additional 5,900 shares during the period. iShares Semiconductor ETF makes up about 2.4% of Florin Court Capital LLP’s investment portfolio, making the stock its 12th largest holding. Florin Court Capital LLP’s holdings in iShares Semiconductor ETF were worth $3,091,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SOXX. Barnes Dennig Private Wealth Management LLC bought a new position in shares of iShares Semiconductor ETF during the third quarter valued at $25,000. Financial Consulate Inc. purchased a new stake in iShares Semiconductor ETF during the 3rd quarter valued at about $34,000. GFG Capital LLC bought a new stake in iShares Semiconductor ETF during the 2nd quarter valued at about $32,000. Johnson Financial Group Inc. bought a new stake in iShares Semiconductor ETF during the 2nd quarter valued at about $32,000. Finally, Blue Trust Inc. raised its holdings in 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 buying an additional 44 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $351.08 on Wednesday. The firm’s 50 day moving average price is $311.60 and its 200-day moving average price is $282.11. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $354.60. The company has a market cap of $20.82 billion, a PE ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The firm 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. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.75 annualized dividend and a yield of 0.5%.

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.