N.E.W. Advisory Services LLC Buys 229 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

N.E.W. Advisory Services LLC lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 10.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,403 shares of the exchange traded fund’s stock after acquiring an additional 229 shares during the period. N.E.W. Advisory Services LLC’s holdings in iShares Semiconductor ETF were worth $518,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SOXX. AQR Capital Management LLC bought a new stake in shares of iShares Semiconductor ETF in the second quarter valued at about $291,000. The Manufacturers Life Insurance Company lifted its stake in shares of iShares Semiconductor ETF by 570.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,479 shares of the exchange traded fund’s stock valued at $1,598,000 after buying an additional 5,512 shares during the period. Creative Planning lifted its stake in shares of iShares Semiconductor ETF by 13.3% in the second quarter. Creative Planning now owns 20,587 shares of the exchange traded fund’s stock valued at $5,077,000 after buying an additional 2,424 shares during the period. Truist Financial Corp lifted its stake in shares of iShares Semiconductor ETF by 7.1% in the second quarter. Truist Financial Corp now owns 87,120 shares of the exchange traded fund’s stock valued at $21,486,000 after buying an additional 5,801 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in iShares Semiconductor ETF during the second quarter worth about $7,692,000.

iShares Semiconductor ETF Stock Down 0.3 %

Shares of SOXX opened at $218.13 on Friday. The stock has a market cap of $13.72 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $192.87 and a 12 month high of $267.24. The company has a 50-day moving average price of $220.74 and a two-hundred day moving average price of $223.67.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 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).