Wealth Enhancement Advisory Services LLC Acquires 1,767 Shares of iShares Semiconductor ETF $SOXX

Wealth Enhancement Advisory Services LLC raised its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 4.2% during the fourth quarter, HoldingsChannel reports. The firm owned 44,260 shares of the exchange traded fund’s stock after acquiring an additional 1,767 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Semiconductor ETF were worth $14,533,000 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. Stratos Wealth Advisors LLC raised its holdings in shares of iShares Semiconductor ETF by 1.7% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after buying an additional 36 shares in the last quarter. Modera Wealth Management LLC boosted its stake in iShares Semiconductor ETF by 4.2% in the third quarter. Modera Wealth Management LLC now owns 1,003 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 40 shares in the last quarter. American Institute for Advanced Investment Management LLP boosted its stake in iShares Semiconductor ETF by 3.5% in the third quarter. American Institute for Advanced Investment Management LLP now owns 1,183 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 40 shares in the last quarter. Koshinski Asset Management Inc. grew its position in iShares Semiconductor ETF by 0.4% in the third quarter. Koshinski Asset Management Inc. now owns 9,685 shares of the exchange traded fund’s stock valued at $2,626,000 after acquiring an additional 41 shares during the last quarter. Finally, IFG Advisory LLC grew its position in iShares Semiconductor ETF by 1.7% in the third quarter. IFG Advisory LLC now owns 2,647 shares of the exchange traded fund’s stock valued at $718,000 after acquiring an additional 43 shares during the last quarter.

iShares Semiconductor ETF Trading Up 1.2%

Shares of NASDAQ SOXX opened at $345.25 on Thursday. The company has a market cap of $20.92 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $368.82. The stock has a 50-day moving average price of $346.00 and a two-hundred day moving average price of $310.87.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.2079 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend and a dividend yield of 0.2%.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.