iShares Semiconductor ETF (NASDAQ:SOXX) Shares Bought by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 232.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,547 shares of the exchange traded fund’s stock after buying an additional 1,082 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares Semiconductor ETF were worth $333,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. US Bancorp DE boosted its stake in iShares Semiconductor ETF by 1.9% in the fourth quarter. US Bancorp DE now owns 13,585 shares of the exchange traded fund’s stock valued at $2,927,000 after acquiring an additional 254 shares during the period. Fisher Asset Management LLC boosted its stake in iShares Semiconductor ETF by 7.8% in the fourth quarter. Fisher Asset Management LLC now owns 11,586 shares of the exchange traded fund’s stock valued at $2,497,000 after acquiring an additional 835 shares during the period. Conservest Capital Advisors Inc. acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $294,000. NewEdge Wealth LLC boosted its stake in iShares Semiconductor ETF by 71.2% in the fourth quarter. NewEdge Wealth LLC now owns 14,401 shares of the exchange traded fund’s stock valued at $3,103,000 after acquiring an additional 5,988 shares during the period. Finally, Corrado Advisors LLC boosted its stake in iShares Semiconductor ETF by 6.9% in the fourth quarter. Corrado Advisors LLC now owns 6,874 shares of the exchange traded fund’s stock valued at $1,481,000 after acquiring an additional 441 shares during the period.

iShares Semiconductor ETF Trading Up 0.6 %

Shares of NASDAQ SOXX opened at $202.27 on Wednesday. The stock has a 50 day simple moving average of $220.56 and a 200-day simple moving average of $222.44. The company has a market cap of $12.52 billion, a PE ratio of 30.63 and a beta of 1.34. iShares Semiconductor ETF has a 12-month low of $192.87 and a 12-month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given 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).