Synergy Asset Management LLC Makes New Investment in iShares Semiconductor ETF (NASDAQ:SOXX)

Synergy Asset Management LLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 306 shares of the exchange traded fund’s stock, valued at approximately $71,000.

A number of other institutional investors have also recently modified their holdings of SOXX. Patriot Investment Management Group Inc. boosted its position in iShares Semiconductor ETF by 1.7% during the third quarter. Patriot Investment Management Group Inc. now owns 2,702 shares of the exchange traded fund’s stock worth $623,000 after purchasing an additional 45 shares in the last quarter. Integrity Financial Corp WA lifted its position in shares of iShares Semiconductor ETF by 34.4% during the 3rd quarter. Integrity Financial Corp WA now owns 207 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 53 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in iShares Semiconductor ETF by 4.9% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 1,127 shares of the exchange traded fund’s stock valued at $260,000 after acquiring an additional 53 shares during the period. Cyndeo Wealth Partners LLC grew its stake in iShares Semiconductor ETF by 1.5% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,704 shares of the exchange traded fund’s stock valued at $798,000 after acquiring an additional 54 shares during the period. Finally, KCM Investment Advisors LLC increased its holdings in iShares Semiconductor ETF by 3.5% in the 3rd quarter. KCM Investment Advisors LLC now owns 1,740 shares of the exchange traded fund’s stock worth $401,000 after acquiring an additional 59 shares in the last quarter.

iShares Semiconductor ETF Stock Up 2.0 %

SOXX opened at $218.74 on Friday. The firm’s fifty day simple moving average is $220.70 and its two-hundred day simple moving average is $223.96. iShares Semiconductor ETF has a 52-week low of $192.87 and a 52-week high of $267.24. The company has a market cap of $13.76 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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

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).