Analyst IMS Investment Management Services Ltd. Has $25.10 Million Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Analyst IMS Investment Management Services Ltd. grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 116,475 shares of the exchange traded fund’s stock after purchasing an additional 7,067 shares during the quarter. iShares Semiconductor ETF comprises about 0.9% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its 11th largest position. Analyst IMS Investment Management Services Ltd. owned 0.19% of iShares Semiconductor ETF worth $25,099,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Compass Financial Services Inc acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter valued at $25,000. Hopwood Financial Services Inc. acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter valued at $30,000. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter valued at $33,000. Truvestments Capital LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter valued at $35,000. Finally, Morse Asset Management Inc acquired a new position in shares of iShares Semiconductor ETF during the third quarter valued at $42,000.

iShares Semiconductor ETF Stock Down 0.5 %

Shares of SOXX opened at $195.10 on Friday. iShares Semiconductor ETF has a 12-month low of $189.11 and a 12-month high of $267.24. The firm has a market capitalization of $12.08 billion, a PE ratio of 30.63 and a beta of 1.34. The stock’s fifty day simple moving average is $217.61 and its 200-day simple moving average is $220.90.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid 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).