Hopwood Financial Services Inc. Invests $30,000 in iShares Semiconductor ETF (NASDAQ:SOXX)

Hopwood Financial Services Inc. bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 140 shares of the exchange traded fund’s stock, valued at approximately $30,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Compass Financial Services Inc bought a new stake in iShares Semiconductor ETF in the fourth quarter valued at about $25,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Semiconductor ETF during the third quarter valued at approximately $33,000. Truvestments Capital LLC bought a new position in shares of iShares Semiconductor ETF during the third quarter valued at approximately $35,000. Morse Asset Management Inc bought a new position in shares of iShares Semiconductor ETF during the third quarter valued at approximately $42,000. Finally, AlphaMark Advisors LLC bought a new position in shares of iShares Semiconductor ETF during the fourth quarter valued at approximately $42,000.

iShares Semiconductor ETF Trading Up 2.1 %

NASDAQ:SOXX opened at $196.08 on Thursday. The firm has a market capitalization of $12.14 billion, a PE ratio of 30.63 and a beta of 1.34. The stock has a 50 day moving average of $218.04 and a 200-day moving average of $221.08. iShares Semiconductor ETF has a 52 week low of $189.11 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm 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).