Northwestern Mutual Wealth Management Co. Buys 4,278 Shares of iShares Semiconductor ETF $SOXX

Northwestern Mutual Wealth Management Co. increased its stake in iShares Semiconductor ETF (NASDAQ:SOXXFree Report) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 217,577 shares of the exchange traded fund’s stock after buying an additional 4,278 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.36% of iShares Semiconductor ETF worth $65,523,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. BOKF NA bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth about $30,000. Strategic Advocates LLC bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth approximately $35,000. Wellington Shields & Co. LLC bought a new stake in iShares Semiconductor ETF in the 3rd quarter valued at $41,000. Optima Capital LLC acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth approximately $41,000. Finally, Garner Asset Management Corp acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at about $45,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $569.08 on Friday. The company’s 50 day simple moving average is $436.61 and its 200 day simple moving average is $363.32. The stock has a market capitalization of $36.88 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a 1 year low of $201.12 and a 1 year high of $584.50.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $0.2079 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 annualized dividend and a yield of 0.1%.

Trending Headlines about iShares Semiconductor ETF

Here are the key news stories impacting iShares Semiconductor ETF this week:

iShares Semiconductor ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Semiconductor ETF (NASDAQ:SOXXFree Report).

Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

Receive News & Ratings for iShares Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.