Cadent Capital Advisors LLC Grows Holdings in iShares Semiconductor ETF $SOXX

Cadent Capital Advisors LLC boosted its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 349.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 21,077 shares of the exchange traded fund’s stock after purchasing an additional 16,386 shares during the period. iShares Semiconductor ETF comprises 1.5% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Cadent Capital Advisors LLC’s holdings in iShares Semiconductor ETF were worth $5,714,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bison Wealth LLC purchased a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at approximately $201,000. Hsbc Holdings PLC boosted its position in iShares Semiconductor ETF by 215.9% in the first quarter. Hsbc Holdings PLC now owns 11,928 shares of the exchange traded fund’s stock worth $2,213,000 after purchasing an additional 8,152 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares Semiconductor ETF by 1.8% in the 1st quarter. Ameriprise Financial Inc. now owns 284,042 shares of the exchange traded fund’s stock valued at $53,444,000 after purchasing an additional 5,107 shares during the period. Walleye Capital LLC increased its position in shares of iShares Semiconductor ETF by 110.0% during the 1st quarter. Walleye Capital LLC now owns 1,500 shares of the exchange traded fund’s stock valued at $282,000 after purchasing an additional 16,498 shares during the last quarter. Finally, PKS Advisory Services LLC raised its stake in shares of iShares Semiconductor ETF by 6.8% during the 1st quarter. PKS Advisory Services LLC now owns 1,437 shares of the exchange traded fund’s stock worth $270,000 after purchasing an additional 92 shares during the period.

iShares Semiconductor ETF Stock Performance

SOXX opened at $305.67 on Thursday. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $317.35. The firm has a 50-day moving average of $296.63 and a 200 day moving average of $266.20. The firm has a market cap of $16.34 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.4363 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.