IFP Advisors Inc Purchases 10,143 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

IFP Advisors Inc increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 288.9% during the 4th quarter, Holdings Channel reports. The firm owned 13,654 shares of the exchange traded fund’s stock after acquiring an additional 10,143 shares during the period. IFP Advisors Inc’s holdings in iShares Semiconductor ETF were worth $2,942,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Compass Financial Services Inc purchased a new stake in iShares Semiconductor ETF in the 4th quarter worth $25,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Semiconductor ETF during the third quarter worth about $33,000. Truvestments Capital LLC purchased a new stake in shares of iShares Semiconductor ETF during the third quarter worth about $35,000. Hollencrest Capital Management raised its stake in iShares Semiconductor ETF by 56.1% during the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 60 shares during the period. Finally, Morse Asset Management Inc purchased a new position in iShares Semiconductor ETF in the 3rd quarter worth approximately $42,000.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $218.72 on Tuesday. The company has a market capitalization of $13.54 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $192.87 and a 1-year high of $267.24. The business has a 50 day simple moving average of $221.80 and a two-hundred day simple moving average of $223.01.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors 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.

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).