SteelPeak Wealth LLC Purchases 6,093 Shares of iShares Semiconductor ETF $SOXX

SteelPeak Wealth LLC lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 45.7% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,420 shares of the exchange traded fund’s stock after buying an additional 6,093 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Semiconductor ETF were worth $6,383,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Greenberg Financial Group purchased a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at $843,000. Moulton Wealth Management Inc. bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth $5,773,000. Eagle Strategies LLC purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter worth about $526,000. Welch Financial Planning LLC purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter worth about $494,000. Finally, Madrid Wealth Management LLC bought a new position in iShares Semiconductor ETF during the fourth quarter valued at about $493,000.

iShares Semiconductor ETF Stock Performance

SOXX opened at $530.50 on Friday. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95. The firm has a 50-day moving average of $570.15 and a 200 day moving average of $433.54. The firm has a market cap of $43.45 billion, a P/E ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2827 dividend. The ex-dividend date 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 dividend on an annualized basis and a yield of 0.2%.

About iShares Semiconductor ETF

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.