iShares Semiconductor ETF $SOXX Shares Acquired by Absolute Capital Management LLC

Absolute Capital Management LLC boosted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 18.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,850 shares of the exchange traded fund’s stock after acquiring an additional 4,300 shares during the quarter. iShares Semiconductor ETF accounts for about 3.1% of Absolute Capital Management LLC’s holdings, making the stock its 7th biggest position. Absolute Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $8,387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the business. Goldman Sachs Group Inc. lifted its stake in iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after acquiring an additional 941,363 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares Semiconductor ETF by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after acquiring an additional 159,203 shares in the last quarter. LPL Financial LLC lifted its stake in iShares Semiconductor ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after acquiring an additional 17,038 shares in the last quarter. Foundations Investment Advisors LLC lifted its stake in iShares Semiconductor ETF by 22.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 406,107 shares of the exchange traded fund’s stock valued at $122,299,000 after acquiring an additional 75,257 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of iShares Semiconductor ETF by 80.7% during the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after purchasing an additional 145,698 shares during the period.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $586.93 on Friday. The stock has a market capitalization of $38.03 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a one year low of $220.30 and a one year high of $618.84. The business’s fifty day moving average is $480.17 and its 200-day moving average is $382.14.

iShares Semiconductor ETF Cuts Dividend

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

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.