CDM Financial Counseling Services Inc. Takes Position in iShares Semiconductor ETF $SOXX

CDM Financial Counseling Services Inc. bought a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,911 shares of the exchange traded fund’s stock, valued at approximately $1,479,000. iShares Semiconductor ETF makes up approximately 1.4% of CDM Financial Counseling Services Inc.’s investment portfolio, making the stock its 18th biggest position.

Other large investors also recently modified their holdings of the company. BOKF NA bought a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $30,000. Strategic Advocates LLC bought a new position in shares of iShares Semiconductor ETF in the third quarter valued at approximately $35,000. Optima Capital LLC bought a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $41,000. Wellington Shields & Co. LLC bought a new position in shares of iShares Semiconductor ETF in the third quarter valued at approximately $41,000. Finally, Garner Asset Management Corp bought a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $45,000.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $508.52 on Monday. iShares Semiconductor ETF has a twelve month low of $199.93 and a twelve month high of $533.74. The stock’s 50 day moving average is $396.04 and its 200-day moving average is $347.17. The firm has a market capitalization of $32.95 billion, a PE ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.2079 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 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). 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.