iShares Semiconductor ETF $SOXX Stock Position Increased by 1 North Wealth Services LLC

1 North Wealth Services LLC lifted its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 34.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,141 shares of the exchange traded fund’s stock after buying an additional 3,597 shares during the quarter. iShares Semiconductor ETF makes up approximately 1.5% of 1 North Wealth Services LLC’s investment portfolio, making the stock its 24th largest position. 1 North Wealth Services LLC’s holdings in iShares Semiconductor ETF were worth $4,259,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Citizens Financial Group Inc. RI grew its holdings in shares of iShares Semiconductor ETF by 2.0% in 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 last quarter. Stratos Wealth Advisors LLC grew its holdings in shares of 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 valued at $579,000 after buying an additional 36 shares in the last quarter. Rinkey Investments grew its holdings in shares of iShares Semiconductor ETF by 2.3% during the fourth quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock valued at $473,000 after buying an additional 36 shares in the last quarter. First Heartland Consultants Inc. grew its holdings in shares of 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 valued at $992,000 after buying an additional 37 shares in the last quarter. Finally, Madison Wealth Partners Inc grew its holdings in shares of 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 valued at $664,000 after buying an additional 37 shares in the last quarter.

iShares Semiconductor ETF Trading Up 1.6%

Shares of SOXX stock opened at $596.25 on Friday. iShares Semiconductor ETF has a 1-year low of $220.30 and a 1-year high of $618.84. The company has a market capitalization of $38.64 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The stock’s fifty day simple moving average is $485.32 and its 200-day simple moving average is $383.63.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors 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 dividend on an annualized basis and a yield of 0.1%.

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.