NewEdge Wealth LLC Acquires 5,988 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

NewEdge Wealth LLC boosted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 71.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,401 shares of the exchange traded fund’s stock after buying an additional 5,988 shares during the period. NewEdge Wealth LLC’s holdings in iShares Semiconductor ETF were worth $3,103,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Financial Advocates Investment Management bought a new stake in shares of iShares Semiconductor ETF during the third quarter valued at approximately $423,000. US Bancorp DE increased its position in shares of iShares Semiconductor ETF by 4.6% during the third quarter. US Bancorp DE now owns 13,331 shares of the exchange traded fund’s stock valued at $3,074,000 after purchasing an additional 586 shares during the period. Forte Asset Management LLC increased its position in shares of iShares Semiconductor ETF by 34.1% during the third quarter. Forte Asset Management LLC now owns 10,105 shares of the exchange traded fund’s stock valued at $2,330,000 after purchasing an additional 2,571 shares during the period. Stephens Inc. AR increased its position in shares of iShares Semiconductor ETF by 19.4% during the third quarter. Stephens Inc. AR now owns 13,882 shares of the exchange traded fund’s stock valued at $3,201,000 after purchasing an additional 2,256 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its position in shares of iShares Semiconductor ETF by 2.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 10,660 shares of the exchange traded fund’s stock valued at $2,458,000 after purchasing an additional 280 shares during the period.

iShares Semiconductor ETF Trading Up 1.6 %

SOXX opened at $208.52 on Friday. The stock has a market cap of $12.91 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24. The stock’s 50 day simple moving average is $221.52 and its 200-day simple moving average is $222.87.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Semiconductor ETF Company 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).