Valley Wealth Managers Inc. Acquires 2,524 Shares of iShares Semiconductor ETF $SOXX

Valley Wealth Managers Inc. increased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 27.7% during the third quarter, HoldingsChannel reports. The fund owned 11,633 shares of the exchange traded fund’s stock after acquiring an additional 2,524 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares Semiconductor ETF were worth $3,154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Bank of America Corp DE grew its position in iShares Semiconductor ETF by 7.2% in 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 last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of iShares Semiconductor ETF by 12.7% in the second quarter. Rockefeller Capital Management L.P. now owns 361,353 shares of the exchange traded fund’s stock valued at $94,170,000 after buying an additional 40,707 shares during the period. Foundations Investment Advisors LLC grew its position in 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 worth $89,700,000 after buying an additional 329,650 shares in the last quarter. LMR Partners LLP grew its position in iShares Semiconductor ETF by 17.9% during the second quarter. LMR Partners LLP now owns 330,000 shares of the exchange traded fund’s stock worth $78,771,000 after buying an additional 50,000 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares Semiconductor ETF by 6.1% during the second quarter. Ameriprise Financial Inc. now owns 301,244 shares of the exchange traded fund’s stock valued at $71,934,000 after acquiring an additional 17,202 shares during the period.

iShares Semiconductor ETF Stock Up 0.2%

iShares Semiconductor ETF stock opened at $361.13 on Friday. The business has a 50 day moving average price of $315.04 and a two-hundred day moving average price of $283.20. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $363.80. The stock has a market cap of $21.42 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.4363 dividend. This represents a $1.75 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.