COFG Advisors LLC Takes $526,000 Position in iShares Semiconductor ETF $SOXX

COFG Advisors LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,747 shares of the exchange traded fund’s stock, valued at approximately $526,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Citizens Financial Group Inc. RI grew its holdings in shares of iShares Semiconductor ETF by 2.0% in the 4th quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock valued at $486,000 after buying an additional 31 shares during the period. Stratos Wealth Advisors LLC grew its holdings in shares of iShares Semiconductor ETF by 1.7% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock valued at $579,000 after buying an additional 36 shares during the period. Rinkey Investments grew its holdings in shares of iShares Semiconductor ETF by 2.3% in the 4th quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock valued at $473,000 after buying an additional 36 shares during the period. First Heartland Consultants Inc. grew its holdings in shares of iShares Semiconductor ETF by 1.1% in 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 during the period. Finally, Madison Wealth Partners Inc grew its holdings in shares of iShares Semiconductor ETF by 1.7% in the 4th quarter. Madison Wealth Partners Inc now owns 2,206 shares of the exchange traded fund’s stock valued at $664,000 after buying an additional 37 shares during the period.

iShares Semiconductor ETF Stock Up 0.5%

Shares of SOXX stock opened at $571.93 on Tuesday. iShares Semiconductor ETF has a 12-month low of $204.29 and a 12-month high of $584.50. The firm has a market capitalization of $37.06 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75. The firm has a fifty day moving average of $441.25 and a 200-day moving average of $365.70.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a $0.2079 dividend. This represents a $0.83 annualized dividend and a yield of 0.1%. 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.