Stratos Wealth Advisors LLC Has $1.52 Million Holdings in iShares Semiconductor ETF $SOXX

Stratos Wealth Advisors LLC grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 135.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,030 shares of the exchange traded fund’s stock after acquiring an additional 2,895 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SOXX. Barnes Dennig Private Wealth Management LLC acquired a new position in iShares Semiconductor ETF during the 3rd quarter valued at $25,000. Financial Consulate Inc. acquired a new stake in iShares Semiconductor ETF in the 3rd quarter worth $34,000. Strategic Advocates LLC acquired a new stake in iShares Semiconductor ETF in the 3rd quarter worth $35,000. Wellington Shields & Co. LLC bought a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth about $41,000. Finally, Blue Trust Inc. increased its holdings in shares of 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 purchasing an additional 44 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $339.61 on Monday. The company has a 50-day simple moving average of $344.15 and a 200-day simple moving average of $314.97. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $368.82. The firm has a market capitalization of $21.26 billion, a P/E 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. Shareholders of record on Tuesday, March 17th were issued a $0.2079 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend and a yield of 0.2%.

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.