SteelPeak Wealth LLC Takes Position in iShares Semiconductor ETF $SOXX

SteelPeak Wealth LLC acquired a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,794 shares of the exchange traded fund’s stock, valued at approximately $486,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Consulate Inc. purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at $34,000. GFG Capital LLC bought a new stake in iShares Semiconductor ETF during the second quarter valued at about $32,000. Johnson Financial Group Inc. purchased a new position in iShares Semiconductor ETF in the second quarter valued at about $32,000. Blue Trust Inc. raised its holdings in iShares Semiconductor ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 44 shares in the last quarter. Finally, Crews Bank & Trust lifted its position in shares of iShares Semiconductor ETF by 1,666.7% during the second quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 150 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $313.69 on Friday. The company’s 50-day simple moving average is $298.74 and its 200-day simple moving average is $270.12. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $317.35. The stock has a market capitalization of $18.15 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.4363 dividend. This represents a $1.75 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, December 16th.

About iShares Semiconductor ETF

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.