Western Wealth Management LLC Buys 1,905 Shares of iShares Semiconductor ETF $SOXX

Western Wealth Management LLC lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 51.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,579 shares of the exchange traded fund’s stock after acquiring an additional 1,905 shares during the period. Western Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $1,680,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Citizens Financial Group Inc. RI boosted its stake in iShares Semiconductor ETF by 2.0% in the fourth quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock valued at $486,000 after acquiring an additional 31 shares in the last quarter. Stratos Wealth Advisors LLC boosted its stake in iShares Semiconductor ETF by 1.7% in the third quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock valued at $579,000 after acquiring an additional 36 shares in the last quarter. Rinkey Investments boosted its stake in iShares Semiconductor ETF by 2.3% in the fourth quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock valued at $473,000 after acquiring an additional 36 shares in the last quarter. First Heartland Consultants Inc. increased its position in iShares Semiconductor ETF by 1.1% during the 4th quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock valued at $992,000 after buying an additional 37 shares in the last quarter. Finally, Secure Asset Management LLC increased its position in iShares Semiconductor ETF by 4.6% during the 4th quarter. Secure Asset Management LLC now owns 871 shares of the exchange traded fund’s stock valued at $262,000 after buying an additional 38 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $530.03 on Friday. The business’s 50-day moving average is $392.70 and its 200 day moving average is $345.73. iShares Semiconductor ETF has a 1 year low of $199.93 and a 1 year high of $533.74. The firm has a market capitalization of $34.35 billion, a P/E ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

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

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). 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.