iShares Semiconductor ETF $SOXX Shares Bought by Western Wealth Management LLC

Western Wealth Management LLC boosted its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 51.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,579 shares of the exchange traded fund’s stock after buying an additional 1,905 shares during the period. Western Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $1,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. BOKF NA acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at about $30,000. Strategic Advocates LLC acquired a new position in shares of iShares Semiconductor ETF in the third quarter valued at about $35,000. Optima Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at about $41,000. Wellington Shields & Co. LLC acquired a new position in shares of iShares Semiconductor ETF in the third quarter valued at about $41,000. Finally, Garner Asset Management Corp acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at about $45,000.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $530.03 on Friday. The stock’s 50-day simple moving average is $392.70 and its 200-day simple moving average is $345.73. The firm has a market capitalization of $34.35 billion, a PE ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a fifty-two week low of $199.93 and a fifty-two week high of $533.74.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.2%.

iShares Semiconductor ETF 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). 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.