COFG Advisors LLC Makes New $526,000 Investment in iShares Semiconductor ETF $SOXX

COFG Advisors LLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,747 shares of the exchange traded fund’s stock, valued at approximately $526,000.

A number of other institutional investors have also recently bought and sold shares of the business. Citizens Financial Group Inc. RI grew its holdings in iShares Semiconductor ETF by 2.0% during the 4th 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 period. Stratos Wealth Advisors LLC grew its holdings in iShares Semiconductor ETF by 1.7% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after acquiring an additional 36 shares during the period. Rinkey Investments grew its holdings in iShares Semiconductor ETF by 2.3% during the 4th quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after acquiring an additional 36 shares during the period. First Heartland Consultants Inc. grew its holdings in iShares Semiconductor ETF by 1.1% during the 4th quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock worth $992,000 after acquiring an additional 37 shares during the period. Finally, Madison Wealth Partners Inc grew its holdings in iShares Semiconductor ETF by 1.7% during the 4th quarter. Madison Wealth Partners Inc now owns 2,206 shares of the exchange traded fund’s stock worth $664,000 after acquiring an additional 37 shares during the period.

iShares Semiconductor ETF Stock Performance

SOXX opened at $571.93 on Tuesday. The company has a fifty day moving average price of $441.25 and a two-hundred day moving average price of $365.70. iShares Semiconductor ETF has a 52 week low of $204.29 and a 52 week high of $584.50. The firm has a market capitalization of $37.06 billion, a PE ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

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

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.