Ibex Wealth Advisors Makes New $1.53 Million Investment in iShares Semiconductor ETF (NASDAQ:SOXX)

Ibex Wealth Advisors acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,085 shares of the exchange traded fund’s stock, valued at approximately $1,527,000.

Several other hedge funds also recently added to or reduced their stakes in SOXX. AQR Capital Management LLC acquired a new position in shares of iShares Semiconductor ETF in the 2nd quarter valued at about $291,000. The Manufacturers Life Insurance Company lifted its position in iShares Semiconductor ETF by 570.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,479 shares of the exchange traded fund’s stock valued at $1,598,000 after purchasing an additional 5,512 shares during the last quarter. Creative Planning lifted its position in iShares Semiconductor ETF by 13.3% in the 2nd quarter. Creative Planning now owns 20,587 shares of the exchange traded fund’s stock valued at $5,077,000 after purchasing an additional 2,424 shares during the last quarter. NewEdge Advisors LLC lifted its position in iShares Semiconductor ETF by 50.0% in the 2nd quarter. NewEdge Advisors LLC now owns 40,951 shares of the exchange traded fund’s stock valued at $10,100,000 after purchasing an additional 13,656 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its position in iShares Semiconductor ETF by 217.0% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 6,033 shares of the exchange traded fund’s stock valued at $1,488,000 after purchasing an additional 4,130 shares during the last quarter.

iShares Semiconductor ETF Trading Up 0.3 %

Shares of NASDAQ SOXX traded up $0.60 during midday trading on Wednesday, reaching $214.10. The company’s stock had a trading volume of 527,150 shares, compared to its average volume of 3,971,960. The company has a 50 day moving average price of $220.62 and a 200 day moving average price of $224.06. iShares Semiconductor ETF has a one year low of $192.87 and a one year high of $267.24. The company has a market cap of $13.47 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3578 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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).