AAFMAA Wealth Management & Trust LLC Buys New Position in iShares Semiconductor ETF $SOXX

AAFMAA Wealth Management & Trust LLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,961 shares of the exchange traded fund’s stock, valued at approximately $1,795,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $25,000. Johnson Financial Group Inc. bought a new position in shares of iShares Semiconductor ETF in the second quarter valued at $32,000. Financial Consulate Inc. acquired a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $34,000. Strategic Advocates LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth $35,000. Finally, Wellington Shields & Co. LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth $41,000.

iShares Semiconductor ETF Stock Down 2.3%

Shares of NASDAQ SOXX opened at $332.51 on Friday. The stock’s fifty day simple moving average is $345.45 and its 200 day simple moving average is $308.38. The stock has a market capitalization of $20.15 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $368.82.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.2079 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a yield of 0.3%.

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.