Elevation Point Wealth Partners LLC Decreases Stock Holdings in iShares Semiconductor ETF $SOXX

Elevation Point Wealth Partners LLC cut its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 10.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,226 shares of the exchange traded fund’s stock after selling 2,394 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares Semiconductor ETF were worth $5,755,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Stratos Wealth Advisors LLC raised its stake 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 during the period. Modera Wealth Management LLC raised its stake in iShares Semiconductor ETF by 4.2% in the 3rd quarter. Modera Wealth Management LLC now owns 1,003 shares of the exchange traded fund’s stock valued at $272,000 after purchasing an additional 40 shares during the last quarter. American Institute for Advanced Investment Management LLP lifted its holdings in iShares Semiconductor ETF by 3.5% in the 3rd 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 purchasing an additional 40 shares in the last quarter. Koshinski Asset Management Inc. boosted its stake in iShares Semiconductor ETF by 0.4% during the 3rd quarter. Koshinski Asset Management Inc. now owns 9,685 shares of the exchange traded fund’s stock worth $2,626,000 after purchasing an additional 41 shares during the last quarter. Finally, Condor Capital Management boosted its stake in iShares Semiconductor ETF by 0.4% during the 2nd quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock worth $2,357,000 after purchasing an additional 43 shares during the last quarter.

iShares Semiconductor ETF Trading Up 0.3%

SOXX opened at $331.32 on Friday. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $368.82. The firm has a market capitalization of $20.08 billion, a PE ratio of 31.84 and a beta of 1.51. The firm’s 50-day moving average price is $344.06 and its 200 day moving average price is $305.68.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.4363 per share. This represents a $1.75 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, December 16th.

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.