PSI Advisors LLC Has $1.91 Million Position in iShares Semiconductor ETF $SOXX

PSI Advisors LLC boosted its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 194.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,355 shares of the exchange traded fund’s stock after purchasing an additional 4,196 shares during the period. PSI Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,914,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its holdings in iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after purchasing an additional 159,203 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in iShares Semiconductor ETF by 27,470.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock worth $89,700,000 after purchasing an additional 329,650 shares in the last quarter. Barclays PLC increased its holdings in iShares Semiconductor ETF by 80.7% in the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after purchasing an additional 145,698 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Semiconductor ETF by 83.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 307,105 shares of the exchange traded fund’s stock worth $83,263,000 after purchasing an additional 139,474 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares Semiconductor ETF by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 301,244 shares of the exchange traded fund’s stock worth $71,934,000 after purchasing an additional 17,202 shares in the last quarter.

iShares Semiconductor ETF Stock Down 1.1%

Shares of SOXX opened at $563.98 on Thursday. iShares Semiconductor ETF has a 12-month low of $201.12 and a 12-month high of $584.50. The business has a 50-day simple moving average of $427.42 and a two-hundred day simple moving average of $359.94. The stock has a market cap of $36.55 billion, a PE ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.2079 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend and a dividend yield of 0.1%.

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.