Madrona Financial Services LLC Has $328,000 Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Madrona Financial Services LLC lowered its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,521 shares of the exchange traded fund’s stock after selling 60 shares during the period. Madrona Financial Services LLC’s holdings in iShares Semiconductor ETF were worth $328,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. MinichMacGregor Wealth Management LLC grew its stake in iShares Semiconductor ETF by 48.9% during the fourth quarter. MinichMacGregor Wealth Management LLC now owns 1,197 shares of the exchange traded fund’s stock worth $258,000 after buying an additional 393 shares during the last quarter. Mutual Advisors LLC raised its holdings in shares of iShares Semiconductor ETF by 58.8% in the fourth quarter. Mutual Advisors LLC now owns 3,464 shares of the exchange traded fund’s stock valued at $774,000 after purchasing an additional 1,283 shares during the last quarter. Independent Wealth Network Inc. boosted its stake in shares of iShares Semiconductor ETF by 10.2% during the 4th quarter. Independent Wealth Network Inc. now owns 4,495 shares of the exchange traded fund’s stock worth $969,000 after buying an additional 415 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of iShares Semiconductor ETF by 12.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 28,837 shares of the exchange traded fund’s stock worth $6,214,000 after buying an additional 3,179 shares during the last quarter. Finally, Magnus Financial Group LLC lifted its stake in iShares Semiconductor ETF by 3.0% in the 4th quarter. Magnus Financial Group LLC now owns 13,287 shares of the exchange traded fund’s stock valued at $2,863,000 after purchasing an additional 388 shares during the last quarter.

iShares Semiconductor ETF Stock Down 1.9 %

iShares Semiconductor ETF stock opened at $231.31 on Thursday. The stock has a market cap of $14.92 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a twelve month low of $192.87 and a twelve month high of $267.24. The company’s 50-day moving average price is $219.93 and its two-hundred day moving average price is $225.36.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

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).