Wagner Wealth Management Corp lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 391.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,390 shares of the exchange traded fund’s stock after buying an additional 2,700 shares during the quarter. iShares Semiconductor ETF makes up about 1.5% of Wagner Wealth Management Corp’s portfolio, making the stock its 24th biggest position. Wagner Wealth Management Corp’s holdings in iShares Semiconductor ETF were worth $1,928,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Triumph Capital Management boosted its holdings in iShares Semiconductor ETF by 44.4% during the 2nd quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares during the period. Willner & Heller LLC grew its position in iShares Semiconductor ETF by 1.6% in the 2nd quarter. Willner & Heller LLC now owns 1,376 shares of the exchange traded fund’s stock valued at $882,000 after acquiring an additional 22 shares during the last quarter. Round Rock Advisors LLC grew its position in iShares Semiconductor ETF by 3.2% in the 2nd quarter. Round Rock Advisors LLC now owns 703 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 22 shares during the last quarter. IAG Wealth Partners LLC increased its stake in iShares Semiconductor ETF by 5.7% in the first quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 25 shares during the period. Finally, Laurel Oak Wealth Management LLC increased its stake in iShares Semiconductor ETF by 0.3% in the first quarter. Laurel Oak Wealth Management LLC now owns 10,226 shares of the exchange traded fund’s stock worth $3,361,000 after purchasing an additional 26 shares during the period.
Trending Headlines about iShares Semiconductor ETF
Here are the key news stories impacting iShares Semiconductor ETF this week:
- Positive Sentiment: Semiconductor stocks recently participated in a broader technology rebound, providing a near-term boost to SOXX and signaling that buyers remain willing to return to the sector after its sharp pullback. Tech Stocks Rebound as Semiconductors Rally
- Positive Sentiment: Strong expected third-quarter earnings from Samsung, driven by demand for AI-related memory chips, offer a constructive read-through for semiconductor suppliers and SOXX holdings. Samsung Appears to Be a Good Bet Ahead of Q3
- Positive Sentiment: Retail investors remain notably bullish ahead of major technology earnings, supporting the possibility of dip-buying if chip companies deliver strong results. SOXX, SOXL Retreat to Red Premarket, but Retail Is Extremely Bullish
- Neutral Sentiment: SOXX is scheduled for a three-for-one share split. The split changes the number of shares and per-share price but does not alter investors’ proportional ownership or the ETF’s underlying value. iShares Semiconductor ETF Stock Set to Split
- Neutral Sentiment: Comparisons with the broader XLK technology ETF highlight SOXX’s stronger historical returns but substantially larger drawdowns, underscoring its higher-risk, concentrated semiconductor exposure. XLK vs. SOXX
- Negative Sentiment: Goldman Sachs data showed hedge funds cutting technology and chip positions at the fastest pace in more than a decade, adding institutional selling pressure to SOXX. Hedge Funds Dumped Tech Stocks at the Fastest Pace in a Decade
- Negative Sentiment: Investors are increasingly concerned that data-center spending and AI infrastructure demand may slow, weighing on the valuation of the ETF’s 30 leading chip and component suppliers. Should You Buy SOXX After Its 25% Plunge?
- Negative Sentiment: Put-option activity surged about 90% above average, suggesting increased demand for downside protection or bearish speculation. In addition, SOXX sold approximately $143.7 million of AMD, which may have contributed to pressure on a major holding.
iShares Semiconductor ETF Stock Down 0.4%
SOXX stock opened at $500.01 on Wednesday. iShares Semiconductor ETF has a twelve month low of $260.44 and a twelve month high of $655.95. The firm has a market cap of $41.40 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The business’s fifty day simple moving average is $535.63 and its two-hundred day simple moving average is $526.10.
Shares of iShares Semiconductor ETF are scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Wednesday, November 4th.
iShares Semiconductor ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.3250 dividend. The ex-dividend date was Tuesday, September 15th. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.3%.
iShares Semiconductor ETF Company 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.
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