Harmony Asset Management LLC Takes Position in iShares Semiconductor ETF $SOXX

Harmony Asset Management LLC bought a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,248 shares of the exchange traded fund’s stock, valued at approximately $978,000.

Other hedge funds also recently modified their holdings of the company. Citizens Financial Group Inc. RI raised its holdings in shares of iShares Semiconductor ETF by 2.0% during the fourth quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock worth $486,000 after acquiring an additional 31 shares in the last quarter. Stratos Wealth Advisors LLC grew 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 purchasing an additional 36 shares in the last quarter. Rinkey Investments increased its position in iShares Semiconductor ETF by 2.3% in the 4th quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after purchasing an additional 36 shares during the last quarter. First Heartland Consultants Inc. increased its position in 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 worth $992,000 after purchasing an additional 37 shares during the last quarter. Finally, Secure Asset Management LLC raised its stake in shares of 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 worth $262,000 after purchasing an additional 38 shares in the last quarter.

iShares Semiconductor ETF Price Performance

SOXX opened at $520.31 on Thursday. iShares Semiconductor ETF has a fifty-two week low of $199.93 and a fifty-two week high of $533.74. The business has a 50-day moving average of $406.35 and a 200-day moving average of $351.35. The company has a market capitalization of $33.72 billion, a PE ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

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

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.