Theory Financial LLC Boosts Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Theory Financial LLC lifted its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.6% in the 4th quarter, Holdings Channel reports. The firm owned 21,673 shares of the exchange traded fund’s stock after acquiring an additional 749 shares during the period. iShares Semiconductor ETF comprises 2.0% of Theory Financial LLC’s investment portfolio, making the stock its 17th largest holding. Theory Financial LLC’s holdings in iShares Semiconductor ETF were worth $4,670,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of iShares Semiconductor ETF by 47.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock worth $682,546,000 after purchasing an additional 950,000 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Semiconductor ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock worth $286,979,000 after purchasing an additional 24,055 shares in the last quarter. Barclays PLC grew its holdings in shares of iShares Semiconductor ETF by 24.3% during the third quarter. Barclays PLC now owns 426,035 shares of the exchange traded fund’s stock worth $98,239,000 after purchasing an additional 83,163 shares in the last quarter. Mirae Asset Securities USA Inc. grew its holdings in shares of iShares Semiconductor ETF by 60.0% during the third quarter. Mirae Asset Securities USA Inc. now owns 400,000 shares of the exchange traded fund’s stock worth $92,236,000 after purchasing an additional 150,000 shares in the last quarter. Finally, Donaldson Capital Management LLC grew its holdings in shares of iShares Semiconductor ETF by 21.2% during the third quarter. Donaldson Capital Management LLC now owns 301,936 shares of the exchange traded fund’s stock worth $69,623,000 after purchasing an additional 52,757 shares in the last quarter.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $223.95 on Friday. The business has a 50 day moving average of $221.97 and a 200 day moving average of $222.81. The company has a market capitalization of $13.86 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.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.3578 dividend. 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).