Northwestern Mutual Wealth Management Co. Raises Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Northwestern Mutual Wealth Management Co. increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 12.0% in the 2nd quarter, Holdings Channel reports. The firm owned 176,633 shares of the exchange traded fund’s stock after buying an additional 18,872 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Semiconductor ETF were worth $43,568,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Valeo Financial Advisors LLC lifted its stake in iShares Semiconductor ETF by 0.8% in the second quarter. Valeo Financial Advisors LLC now owns 5,481 shares of the exchange traded fund’s stock valued at $1,352,000 after buying an additional 45 shares during the last quarter. White Lighthouse Investment Management Inc. raised its position in iShares Semiconductor ETF by 2.7% in the 2nd quarter. White Lighthouse Investment Management Inc. now owns 1,686 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 45 shares during the last quarter. Clear Investment Research LLC boosted its stake in iShares Semiconductor ETF by 13.2% during the 2nd quarter. Clear Investment Research LLC now owns 411 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 48 shares during the period. Franklin Resources Inc. boosted its stake in iShares Semiconductor ETF by 2.7% during the 4th quarter. Franklin Resources Inc. now owns 1,895 shares of the exchange traded fund’s stock worth $1,092,000 after purchasing an additional 49 shares during the period. Finally, Herbst Group LLC grew its position in iShares Semiconductor ETF by 0.3% during the 2nd quarter. Herbst Group LLC now owns 14,493 shares of the exchange traded fund’s stock worth $3,574,000 after purchasing an additional 49 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

NASDAQ SOXX opened at $232.68 on Monday. The firm’s fifty day moving average is $223.00 and its two-hundred day moving average is $229.14. iShares Semiconductor ETF has a one year low of $144.40 and a one year high of $267.24. The firm has a market cap of $14.66 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, September 30th. Investors of record on Wednesday, September 25th will be given a $0.5524 dividend. The ex-dividend date of this dividend is Wednesday, September 25th.

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).