N.E.W. Advisory Services LLC Has $518,000 Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

N.E.W. Advisory Services LLC lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,403 shares of the exchange traded fund’s stock after acquiring an additional 229 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in iShares Semiconductor ETF were worth $518,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. AQR Capital Management LLC acquired a new position in iShares Semiconductor ETF during the second quarter worth $291,000. The Manufacturers Life Insurance Company increased its position in iShares Semiconductor ETF by 570.0% during the second quarter. The Manufacturers Life Insurance Company now owns 6,479 shares of the exchange traded fund’s stock worth $1,598,000 after buying an additional 5,512 shares during the last quarter. Creative Planning increased its position in iShares Semiconductor ETF by 13.3% during the second quarter. Creative Planning now owns 20,587 shares of the exchange traded fund’s stock worth $5,077,000 after buying an additional 2,424 shares during the last quarter. Truist Financial Corp increased its position in iShares Semiconductor ETF by 7.1% during the second quarter. Truist Financial Corp now owns 87,120 shares of the exchange traded fund’s stock worth $21,486,000 after buying an additional 5,801 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in iShares Semiconductor ETF during the second quarter worth $7,692,000.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $218.13 on Friday. The company has a market capitalization of $13.72 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a one year low of $192.87 and a one year high of $267.24. The company’s fifty day moving average price is $220.74 and its two-hundred day moving average price is $223.67.

iShares Semiconductor ETF Cuts Dividend

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

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).