Kingdom Financial Group LLC. Acquires Shares of 1,101 iShares Semiconductor ETF $SOXX

Kingdom Financial Group LLC. bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,101 shares of the exchange traded fund’s stock, valued at approximately $332,000.

Other institutional investors have also modified their holdings of the company. Citizens Financial Group Inc. RI boosted its holdings in iShares Semiconductor ETF by 2.0% in the fourth quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock valued at $486,000 after purchasing an additional 31 shares during the last quarter. Stratos Wealth Advisors LLC increased its holdings in iShares Semiconductor ETF by 1.7% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after purchasing an additional 36 shares during the last quarter. Rinkey Investments increased its holdings in iShares Semiconductor ETF by 2.3% during the 4th quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after purchasing an additional 36 shares during the last quarter. First Heartland Consultants Inc. increased its holdings in iShares Semiconductor ETF by 1.1% during the 4th quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock worth $992,000 after purchasing an additional 37 shares during the last quarter. Finally, Secure Asset Management LLC increased its holdings in iShares Semiconductor ETF by 4.6% during the 4th quarter. Secure Asset Management LLC now owns 871 shares of the exchange traded fund’s stock worth $262,000 after purchasing an additional 38 shares during the last quarter.

iShares Semiconductor ETF Stock Up 0.8%

SOXX stock opened at $524.71 on Friday. iShares Semiconductor ETF has a 52-week low of $199.93 and a 52-week high of $533.74. The company has a market capitalization of $34.00 billion, a PE ratio of 31.84 and a beta of 1.75. The stock’s 50 day moving average is $410.07 and its two-hundred day moving average is $352.89.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.2079 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend and a dividend yield of 0.2%.

iShares Semiconductor ETF 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.