Ibex Wealth Advisors Has $2.16 Million Position in iShares Semiconductor ETF $SOXX

Ibex Wealth Advisors raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 24.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,971 shares of the exchange traded fund’s stock after buying an additional 1,542 shares during the period. Ibex Wealth Advisors’ holdings in iShares Semiconductor ETF were worth $2,161,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE raised its stake in shares of iShares Semiconductor ETF by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after purchasing an additional 159,203 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of iShares Semiconductor ETF by 12.7% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 361,353 shares of the exchange traded fund’s stock valued at $94,170,000 after purchasing an additional 40,707 shares during the last quarter. Foundations Investment Advisors LLC raised its stake in shares of iShares Semiconductor ETF by 27,470.8% during the third quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock valued at $89,700,000 after acquiring an additional 329,650 shares during the last quarter. LMR Partners LLP raised its holdings in iShares Semiconductor ETF by 17.9% in the 2nd quarter. LMR Partners LLP now owns 330,000 shares of the exchange traded fund’s stock worth $78,771,000 after purchasing an additional 50,000 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares Semiconductor ETF by 83.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 307,105 shares of the exchange traded fund’s stock worth $83,263,000 after purchasing an additional 139,474 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $352.29 on Friday. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $368.82. The company has a market cap of $21.35 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. The business’s 50-day moving average is $337.74 and its two-hundred day moving average is $299.16.

iShares Semiconductor ETF Cuts Dividend

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

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.