Annex Advisory Services LLC Takes Position in iShares Semiconductor ETF $SOXX

Annex Advisory Services LLC acquired a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,140 shares of the exchange traded fund’s stock, valued at approximately $645,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Washington Growth Strategies LLC grew its holdings in iShares Semiconductor ETF by 170.3% during the fourth quarter. Washington Growth Strategies LLC now owns 8,351 shares of the exchange traded fund’s stock valued at $2,515,000 after purchasing an additional 5,262 shares during the period. Grandview Asset Management LLC grew its holdings in iShares Semiconductor ETF by 15.9% during the fourth quarter. Grandview Asset Management LLC now owns 6,972 shares of the exchange traded fund’s stock valued at $2,100,000 after purchasing an additional 958 shares during the period. BCS Wealth Management grew its holdings in iShares Semiconductor ETF by 100.0% during the fourth quarter. BCS Wealth Management now owns 1,698 shares of the exchange traded fund’s stock valued at $512,000 after purchasing an additional 849 shares during the period. Farther Finance Advisors LLC grew its holdings in iShares Semiconductor ETF by 10.5% during the fourth quarter. Farther Finance Advisors LLC now owns 15,444 shares of the exchange traded fund’s stock valued at $4,651,000 after purchasing an additional 1,472 shares during the period. Finally, Sage Mountain Advisors LLC bought a new position in iShares Semiconductor ETF during the fourth quarter valued at $275,000.

iShares Semiconductor ETF Trading Up 0.2%

Shares of NASDAQ SOXX opened at $401.86 on Thursday. The stock has a fifty day simple moving average of $348.81 and a two-hundred day simple moving average of $320.77. iShares Semiconductor ETF has a 1-year low of $160.26 and a 1-year high of $402.09. The firm has a market cap of $25.16 billion, a price-to-earnings ratio of 31.84 and a beta of 1.53.

iShares Semiconductor ETF Cuts Dividend

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

About iShares Semiconductor ETF

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.