JPMorgan Chase & Co. Purchases 139,474 Shares of iShares Semiconductor ETF $SOXX

JPMorgan Chase & Co. lifted its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 83.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 307,105 shares of the exchange traded fund’s stock after acquiring an additional 139,474 shares during the quarter. JPMorgan Chase & Co. owned 0.57% of iShares Semiconductor ETF worth $83,263,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC bought a new stake in iShares Semiconductor ETF in the third quarter worth about $25,000. Johnson Financial Group Inc. purchased a new stake in shares of iShares Semiconductor ETF in the second quarter worth approximately $32,000. Financial Consulate Inc. bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth approximately $34,000. Wellington Shields & Co. LLC purchased a new position in iShares Semiconductor ETF during the 3rd quarter valued at $41,000. Finally, Blue Trust Inc. grew its position in iShares Semiconductor ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 44 shares during the last quarter.

iShares Semiconductor ETF Stock Down 0.7%

SOXX stock opened at $356.82 on Tuesday. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $365.38. The firm has a market cap of $21.62 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. The business’s fifty day simple moving average is $332.43 and its two-hundred day simple moving average is $296.66.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.4363 per share. The ex-dividend date was Tuesday, December 16th. This represents a $1.75 dividend on an annualized basis and a yield of 0.5%.

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.