Foundations Investment Advisors LLC Has $122.30 Million Stock Holdings in iShares Semiconductor ETF $SOXX

Foundations Investment Advisors LLC lifted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 22.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 406,107 shares of the exchange traded fund’s stock after acquiring an additional 75,257 shares during the period. iShares Semiconductor ETF accounts for 1.6% of Foundations Investment Advisors LLC’s portfolio, making the stock its 10th biggest holding. Foundations Investment Advisors LLC owned about 0.67% of iShares Semiconductor ETF worth $122,299,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Citizens Financial Group Inc. RI grew its position in shares of iShares Semiconductor ETF by 2.0% during the fourth quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock worth $486,000 after acquiring an additional 31 shares during the last quarter. Stratos Wealth Advisors LLC grew its position in iShares Semiconductor ETF by 1.7% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock valued at $579,000 after buying an additional 36 shares in the last quarter. Rinkey Investments lifted its holdings in iShares Semiconductor ETF by 2.3% in the 4th quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock valued at $473,000 after acquiring an additional 36 shares during the last quarter. First Heartland Consultants Inc. lifted its holdings in iShares Semiconductor ETF by 1.1% in the 4th quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock valued at $992,000 after acquiring an additional 37 shares during the last quarter. Finally, Secure Asset Management LLC lifted its holdings in iShares Semiconductor ETF by 4.6% in the 4th quarter. Secure Asset Management LLC now owns 871 shares of the exchange traded fund’s stock valued at $262,000 after acquiring an additional 38 shares during the last quarter.

iShares Semiconductor ETF Trading Down 1.1%

SOXX stock opened at $563.98 on Thursday. iShares Semiconductor ETF has a one year low of $201.12 and a one year high of $584.50. The firm has a market capitalization of $36.55 billion, a PE ratio of 31.84 and a beta of 1.75. The firm has a 50-day moving average of $427.42 and a two-hundred day moving average of $359.94.

iShares Semiconductor ETF Cuts Dividend

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

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). 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.