Eagle Strategies LLC Purchases Shares of 1,748 iShares Semiconductor ETF $SOXX

Eagle Strategies LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,748 shares of the exchange traded fund’s stock, valued at approximately $526,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at about $25,000. Financial Consulate Inc. purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at about $34,000. Strategic Advocates LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at about $35,000. Wellington Shields & Co. LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at about $41,000. Finally, Blue Trust Inc. boosted its stake in shares of iShares Semiconductor ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 44 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $386.60 on Friday. The stock has a 50-day simple moving average of $345.45 and a 200-day simple moving average of $318.04. The stock has a market capitalization of $24.26 billion, a PE ratio of 31.84 and a beta of 1.53. iShares Semiconductor ETF has a 1 year low of $160.26 and a 1 year high of $389.60.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.2079 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 17th.

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.