Elevation Point Wealth Partners LLC Purchases 14,940 Shares of iShares Semiconductor ETF $SOXX

Elevation Point Wealth Partners LLC lifted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 570.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 17,559 shares of the exchange traded fund’s stock after purchasing an additional 14,940 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares Semiconductor ETF were worth $5,771,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SOXX. BOKF NA bought a new stake in shares of iShares Semiconductor ETF in the 4th quarter valued at $30,000. Commonwealth Retirement Investments LLC bought a new stake in iShares Semiconductor ETF in the fourth quarter valued at $32,000. Wealth Watch Advisors INC raised its holdings in shares of iShares Semiconductor ETF by 278.6% during the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 78 shares during the period. Strategic Advocates LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter valued at about $35,000. Finally, SHP Wealth Management bought a new position in shares of iShares Semiconductor ETF during the 4th quarter worth about $38,000.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $566.32 on Friday. iShares Semiconductor ETF has a one year low of $232.33 and a one year high of $655.95. The company has a market cap of $42.05 billion, a PE ratio of 31.84 and a beta of 1.77. The firm has a 50-day moving average of $552.64 and a 200-day moving average of $416.05.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 annualized dividend and a dividend yield of 0.2%.

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). 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.