Andina Capital Management LLC Invests $429,000 in iShares Semiconductor ETF $SOXX

Andina Capital Management LLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,426 shares of the exchange traded fund’s stock, valued at approximately $429,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Citizens Financial Group Inc. RI raised its position in shares of 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 in the last quarter. Stratos Wealth Advisors LLC increased its position in iShares Semiconductor ETF by 1.7% during the third quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after buying an additional 36 shares during the period. Rinkey Investments increased its position in iShares Semiconductor ETF by 2.3% during the fourth quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after buying an additional 36 shares during the period. First Heartland Consultants Inc. increased its position in iShares Semiconductor ETF by 1.1% during the fourth quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock worth $992,000 after buying an additional 37 shares during the period. Finally, Madison Wealth Partners Inc increased its position in iShares Semiconductor ETF by 1.7% during the fourth quarter. Madison Wealth Partners Inc now owns 2,206 shares of the exchange traded fund’s stock worth $664,000 after buying an additional 37 shares during the period.

iShares Semiconductor ETF Stock Up 8.4%

SOXX opened at $586.93 on Friday. The firm has a market cap of $38.03 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52 week low of $220.30 and a 52 week high of $618.84. The business’s 50 day moving average is $480.17 and its two-hundred day moving average is $382.14.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.2079 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend 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.