Kieckhefer Group LLC Purchases New Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Kieckhefer Group LLC acquired a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 399 shares of the exchange traded fund’s stock, valued at approximately $86,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC bought a new position in iShares Semiconductor ETF in the third quarter worth $27,000. EverSource Wealth Advisors LLC increased its position in shares of iShares Semiconductor ETF by 84.0% during the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 63 shares in the last quarter. RPg Family Wealth Advisory LLC purchased a new position in iShares Semiconductor ETF in the 3rd quarter worth approximately $33,000. Truvestments Capital LLC bought a new position in iShares Semiconductor ETF in the 3rd quarter valued at approximately $35,000. Finally, Hollencrest Capital Management increased its holdings in shares of iShares Semiconductor ETF by 56.1% in the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 60 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXX traded down $2.34 during midday trading on Monday, reaching $215.86. 990,686 shares of the company’s stock traded hands, compared to its average volume of 3,003,459. iShares Semiconductor ETF has a one year low of $183.54 and a one year high of $267.24. The stock has a 50 day moving average of $219.73 and a 200 day moving average of $226.52. The company has a market cap of $14.02 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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