Truvestments Capital LLC Invests $35,000 in iShares Semiconductor ETF (NASDAQ:SOXX)

Truvestments Capital LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 150 shares of the exchange traded fund’s stock, valued at approximately $35,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SOXX. Valeo Financial Advisors LLC increased its position in shares of iShares Semiconductor ETF by 0.8% in the second quarter. Valeo Financial Advisors LLC now owns 5,481 shares of the exchange traded fund’s stock worth $1,352,000 after purchasing an additional 45 shares during the period. White Lighthouse Investment Management Inc. increased its position in shares of iShares Semiconductor ETF by 2.7% during the second quarter. White Lighthouse Investment Management Inc. now owns 1,686 shares of the exchange traded fund’s stock worth $416,000 after buying an additional 45 shares during the period. Patriot Investment Management Group Inc. raised its position in shares of iShares Semiconductor ETF by 1.7% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 2,702 shares of the exchange traded fund’s stock worth $623,000 after acquiring an additional 45 shares in the last quarter. Clear Investment Research LLC increased its holdings in iShares Semiconductor ETF by 13.2% in the second quarter. Clear Investment Research LLC now owns 411 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 48 shares in the last quarter. Finally, Herbst Group LLC lifted its position in shares of iShares Semiconductor ETF by 0.3% during the 2nd quarter. Herbst Group LLC now owns 14,493 shares of the exchange traded fund’s stock valued at $3,574,000 after acquiring an additional 49 shares during the period.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $212.56 on Thursday. iShares Semiconductor ETF has a fifty-two week low of $167.64 and a fifty-two week high of $267.24. The stock’s 50 day simple moving average is $225.74 and its 200 day simple moving average is $231.38. The company has a market cap of $13.64 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $0.5524 dividend. The ex-dividend date was Wednesday, September 25th.

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).