Novare Capital Management LLC Grows Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Novare Capital Management LLC lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 32,715 shares of the exchange traded fund’s stock after acquiring an additional 827 shares during the quarter. Novare Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $7,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Global Trust Asset Management LLC bought a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in shares of iShares Semiconductor ETF by 84.0% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 63 shares during the period. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $33,000. Truvestments Capital LLC purchased a new stake in iShares Semiconductor ETF during the 3rd quarter worth about $35,000. Finally, Hollencrest Capital Management boosted its stake in 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 during the period.

iShares Semiconductor ETF Stock Down 2.0 %

SOXX stock opened at $230.64 on Friday. The stock has a 50-day simple moving average of $220.66 and a two-hundred day simple moving average of $224.99. iShares Semiconductor ETF has a twelve month low of $192.87 and a twelve month high of $267.24. The firm has a market capitalization of $14.54 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed 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 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).