New Wave Wealth Advisors LLC Makes New Investment in iShares Semiconductor ETF (NASDAQ:SOXX)

New Wave Wealth Advisors LLC acquired a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,951 shares of the exchange traded fund’s stock, valued at approximately $1,221,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SOXX. Concentrum Wealth Management boosted its stake in iShares Semiconductor ETF by 7.2% during the 4th quarter. Concentrum Wealth Management now owns 7,756 shares of the exchange traded fund’s stock valued at $4,468,000 after purchasing an additional 520 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of iShares Semiconductor ETF by 2.7% during the fourth quarter. Franklin Resources Inc. now owns 1,895 shares of the exchange traded fund’s stock valued at $1,092,000 after purchasing an additional 49 shares in the last quarter. Parallel Advisors LLC boosted its holdings in iShares Semiconductor ETF by 712.5% during the fourth quarter. Parallel Advisors LLC now owns 65 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 57 shares during the last quarter. Scotia Capital Inc. boosted its holdings in iShares Semiconductor ETF by 42.8% during the fourth quarter. Scotia Capital Inc. now owns 2,425 shares of the exchange traded fund’s stock worth $1,397,000 after purchasing an additional 727 shares during the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in iShares Semiconductor ETF in the 4th quarter worth about $257,000.

iShares Semiconductor ETF Trading Down 0.9 %

Shares of SOXX opened at $230.59 on Tuesday. The stock has a 50 day moving average of $223.00 and a 200 day moving average of $229.18. iShares Semiconductor ETF has a 12 month low of $144.40 and a 12 month high of $267.24. The company has a market capitalization of $14.53 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.5524 per share. The ex-dividend date of this dividend was 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).