Geremia Financial Services LLC Acquires Shares of 33,043 iShares Semiconductor ETF $SOXX

Geremia Financial Services LLC acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 33,043 shares of the exchange traded fund’s stock, valued at approximately $9,951,000. iShares Semiconductor ETF comprises approximately 8.2% of Geremia Financial Services LLC’s investment portfolio, making the stock its 6th biggest holding. Geremia Financial Services LLC owned approximately 0.06% of iShares Semiconductor ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after purchasing an additional 159,203 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in iShares Semiconductor ETF by 27,470.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock worth $89,700,000 after buying an additional 329,650 shares during the last quarter. LMR Partners LLP increased its position in iShares Semiconductor ETF by 17.9% during the second quarter. LMR Partners LLP now owns 330,000 shares of the exchange traded fund’s stock worth $78,771,000 after buying an additional 50,000 shares during the period. Barclays PLC lifted its stake in iShares Semiconductor ETF by 80.7% in the third quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock valued at $88,424,000 after buying an additional 145,698 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in iShares Semiconductor ETF by 83.2% in the third quarter. JPMorgan Chase & Co. now owns 307,105 shares of the exchange traded fund’s stock valued at $83,263,000 after buying an additional 139,474 shares during the last quarter.

iShares Semiconductor ETF Trading Down 4.8%

SOXX stock opened at $328.85 on Friday. The company has a market capitalization of $19.93 billion, a P/E ratio of 31.84 and a beta of 1.51. The business has a 50 day simple moving average of $345.83 and a 200-day simple moving average of $310.99. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $368.82.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.2079 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a yield of 0.3%.

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.