iShares Semiconductor ETF $SOXX Shares Acquired by Redstone Wealth Management LLC

Redstone Wealth Management LLC raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,386 shares of the exchange traded fund’s stock after purchasing an additional 1,033 shares during the period. iShares Semiconductor ETF accounts for 15.1% of Redstone Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Redstone Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $24,103,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SOXX. NWF Advisory Services Inc. bought a new stake in iShares Semiconductor ETF in the second quarter valued at $1,065,000. Squarepoint Ops LLC raised its stake in shares of iShares Semiconductor ETF by 2,421.8% in the second quarter. Squarepoint Ops LLC now owns 41,610 shares of the exchange traded fund’s stock worth $26,662,000 after acquiring an additional 39,960 shares during the last quarter. RFG Advisory LLC lifted its holdings in iShares Semiconductor ETF by 319.1% during the 2nd quarter. RFG Advisory LLC now owns 19,219 shares of the exchange traded fund’s stock worth $12,315,000 after buying an additional 14,633 shares in the last quarter. Centerpoint Advisory Group bought a new position in iShares Semiconductor ETF in the first quarter valued at about $474,000. Finally, Camarda Financial Advisors LLC bought a new position in shares of iShares Semiconductor ETF in the 2nd quarter valued at about $769,000.

iShares Semiconductor ETF Stock Down 0.4%

NASDAQ:SOXX opened at $500.01 on Wednesday. iShares Semiconductor ETF has a 12-month low of $260.44 and a 12-month high of $655.95. The stock’s fifty day simple moving average is $535.63 and its 200-day simple moving average is $526.10. The firm has a market capitalization of $41.40 billion, a P/E ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are scheduled to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be issued to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.3250 per share. This represents a $1.30 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

Key iShares Semiconductor ETF News

Here are the key news stories impacting iShares Semiconductor ETF this week:

• Positive Sentiment: Semiconductor stocks recently participated in a broader technology rebound, providing a near-term boost to SOXX and signaling that buyers remain willing to return to the sector after its sharp pullback. Tech Stocks Rebound as Semiconductors Rally
• Positive Sentiment: Strong expected third-quarter earnings from Samsung, driven by demand for AI-related memory chips, offer a constructive read-through for semiconductor suppliers and SOXX holdings. Samsung Appears to Be a Good Bet Ahead of Q3
• Positive Sentiment: Retail investors remain notably bullish ahead of major technology earnings, supporting the possibility of dip-buying if chip companies deliver strong results. SOXX, SOXL Retreat to Red Premarket, but Retail Is Extremely Bullish
• Neutral Sentiment: SOXX is scheduled for a three-for-one share split. The split changes the number of shares and per-share price but does not alter investors’ proportional ownership or the ETF’s underlying value. iShares Semiconductor ETF Stock Set to Split
• Neutral Sentiment: Comparisons with the broader XLK technology ETF highlight SOXX’s stronger historical returns but substantially larger drawdowns, underscoring its higher-risk, concentrated semiconductor exposure. XLK vs. SOXX
• Negative Sentiment: Goldman Sachs data showed hedge funds cutting technology and chip positions at the fastest pace in more than a decade, adding institutional selling pressure to SOXX. Hedge Funds Dumped Tech Stocks at the Fastest Pace in a Decade
• Negative Sentiment: Investors are increasingly concerned that data-center spending and AI infrastructure demand may slow, weighing on the valuation of the ETF’s 30 leading chip and component suppliers. Should You Buy SOXX After Its 25% Plunge?
• Negative Sentiment: Put-option activity surged about 90% above average, suggesting increased demand for downside protection or bearish speculation. In addition, SOXX sold approximately $143.7 million of AMD, which may have contributed to pressure on a major holding.

About iShares Semiconductor ETF

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.