EverSource Wealth Advisors LLC Raises Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

EverSource Wealth Advisors LLC grew its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 60.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 452 shares of the exchange traded fund’s stock after acquiring an additional 170 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $97,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Compass Financial Services Inc acquired a new position in iShares Semiconductor ETF during the fourth quarter worth $25,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Semiconductor ETF in the third quarter valued at $33,000. Truvestments Capital LLC acquired a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth $35,000. Morse Asset Management Inc purchased a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth about $42,000. Finally, AlphaMark Advisors LLC acquired a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $42,000.

iShares Semiconductor ETF Trading Down 1.5 %

Shares of SOXX opened at $201.47 on Wednesday. iShares Semiconductor ETF has a 12-month low of $189.11 and a 12-month high of $267.24. The stock has a market cap of $11.66 billion, a P/E ratio of 28.79 and a beta of 1.34. The company has a 50-day moving average of $216.21 and a two-hundred day moving average of $220.26.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.2611 per share. The ex-dividend date is Tuesday, March 18th.

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).