iShares Semiconductor ETF $SOXX Shares Bought by AdvisorNet Financial Inc

AdvisorNet Financial Inc increased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 9,283.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,678 shares of the exchange traded fund’s stock after purchasing an additional 24,415 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares Semiconductor ETF were worth $7,432,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SOXX. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $25,000. Financial Consulate Inc. acquired a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at $34,000. Strategic Advocates LLC purchased a new position in iShares Semiconductor ETF in the 3rd quarter worth about $35,000. Wellington Shields & Co. LLC acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth about $41,000. Finally, Blue Trust Inc. raised its holdings in iShares Semiconductor ETF by 39.6% during the 3rd 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 period.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $339.61 on Friday. iShares Semiconductor ETF has a one year low of $148.31 and a one year high of $368.82. The firm has a 50-day moving average of $344.15 and a two-hundred day moving average of $314.19. The firm has a market capitalization of $21.40 billion, a PE ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

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