Cordant Inc. Buys Shares of 300 iShares Semiconductor ETF (NASDAQ:SOXX)

Posted by Tyrone Williams on Jan 16th, 2025

Cordant Inc. bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 300 shares of the exchange traded fund’s stock, valued at approximately $65,000.

A number of other institutional investors have also recently added to or reduced their stakes in SOXX. Global Trust Asset Management LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth $27,000. EverSource Wealth Advisors LLC boosted its holdings in iShares Semiconductor ETF by 84.0% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 63 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new position in iShares Semiconductor ETF during the 3rd quarter worth approximately $33,000. Truvestments Capital LLC acquired a new stake in shares of iShares Semiconductor ETF during the third quarter worth $35,000. Finally, Hollencrest Capital Management raised its stake in iShares Semiconductor ETF by 56.1% during the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 60 shares during the last quarter.

iShares Semiconductor ETF Trading Up 1.7 %

Shares of SOXX opened at $226.96 on Thursday. The stock has a market capitalization of $14.79 billion, a P/E ratio of 10.60 and a beta of 1.34. The firm’s fifty day simple moving average is $219.54 and its two-hundred day simple moving average is $226.12. iShares Semiconductor ETF has a 12 month low of $183.54 and a 12 month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

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

iShares Semiconductor ETF Company Profile

(Free Report)

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).