Clearbridge Investments LLC Takes Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Clearbridge Investments LLC acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXXFree Report) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,054 shares of the exchange traded fund’s stock, valued at approximately $227,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SOXX. Compass Financial Services Inc acquired a new position in iShares Semiconductor ETF during the 4th quarter worth $25,000. Hopwood Financial Services Inc. bought a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at about $30,000. Morse Asset Management Inc bought a new stake in shares of iShares Semiconductor ETF during the third quarter valued at about $42,000. AlphaMark Advisors LLC acquired a new stake in iShares Semiconductor ETF in the fourth quarter worth about $42,000. Finally, Roxbury Financial LLC bought a new position in iShares Semiconductor ETF in the 4th quarter valued at about $53,000.

iShares Semiconductor ETF Trading Down 10.1 %

SOXX stock opened at $170.36 on Friday. The firm’s 50-day moving average is $208.60 and its two-hundred day moving average is $218.42. The company has a market capitalization of $9.78 billion, a price-to-earnings ratio of 28.79 and a beta of 1.34. iShares Semiconductor ETF has a 52 week low of $169.99 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a dividend of $0.2611 per share. The ex-dividend date was Tuesday, March 18th.

iShares Semiconductor ETF Company Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Semiconductor ETF (NASDAQ:SOXXFree Report).

Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

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