Independent Wealth Network Inc. Boosts Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Independent Wealth Network Inc. increased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 10.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,495 shares of the exchange traded fund’s stock after purchasing an additional 415 shares during the period. Independent Wealth Network Inc.’s holdings in iShares Semiconductor ETF were worth $969,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SOXX. XTX Topco Ltd boosted its position in shares of iShares Semiconductor ETF by 11.3% during the 2nd quarter. XTX Topco Ltd now owns 1,517 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 154 shares during the period. AE Wealth Management LLC boosted its position in shares of iShares Semiconductor ETF by 79.4% during the 2nd quarter. AE Wealth Management LLC now owns 3,104 shares of the exchange traded fund’s stock worth $766,000 after purchasing an additional 1,374 shares during the period. EverSource Wealth Advisors LLC boosted its position in iShares Semiconductor ETF by 84.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 63 shares during the period. Bank of Montreal Can grew its stake in shares of iShares Semiconductor ETF by 186.3% in the second quarter. Bank of Montreal Can now owns 114,932 shares of the exchange traded fund’s stock worth $28,332,000 after acquiring an additional 74,788 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth $17,659,000.

iShares Semiconductor ETF Trading Up 1.4 %

iShares Semiconductor ETF stock opened at $235.81 on Thursday. The stock has a market cap of $15.21 billion, a P/E ratio of 10.60 and a beta of 1.34. The company has a fifty day simple moving average of $219.93 and a 200-day simple moving average of $225.36. iShares Semiconductor ETF has a 12-month low of $192.87 and a 12-month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date 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).