Franklin Resources Inc. Has $1.60 Million Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Franklin Resources Inc. grew its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 84.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,650 shares of the exchange traded fund’s stock after buying an additional 3,045 shares during the period. Franklin Resources Inc.’s holdings in iShares Semiconductor ETF were worth $1,595,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Peapack Gladstone Financial Corp grew its stake in iShares Semiconductor ETF by 44.2% during the third quarter. Peapack Gladstone Financial Corp now owns 2,249 shares of the exchange traded fund’s stock worth $519,000 after purchasing an additional 689 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in iShares Semiconductor ETF during the third quarter worth approximately $92,000. Anchor Investment Management LLC grew its stake in iShares Semiconductor ETF by 5.6% during the third quarter. Anchor Investment Management LLC now owns 17,232 shares of the exchange traded fund’s stock worth $3,974,000 after purchasing an additional 920 shares during the period. Tudor Financial Inc. acquired a new stake in iShares Semiconductor ETF during the third quarter worth approximately $919,000. Finally, Rehmann Capital Advisory Group acquired a new stake in iShares Semiconductor ETF during the third quarter worth approximately $342,000.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $221.64 on Friday. The business has a 50 day simple moving average of $221.16 and a 200 day simple moving average of $229.10. iShares Semiconductor ETF has a one year low of $177.88 and a one year high of $267.24. The stock has a market capitalization of $14.22 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced 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.

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).