Cornerstone Planning LLC Buys Shares of 1,137 iShares Semiconductor ETF $SOXX

Cornerstone Planning LLC purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 1,137 shares of the exchange traded fund’s stock, valued at approximately $342,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. BOKF NA purchased a new position in iShares Semiconductor ETF during the 4th quarter worth $30,000. Commonwealth Retirement Investments LLC purchased a new stake in iShares Semiconductor ETF in the fourth quarter valued at about $32,000. Wealth Watch Advisors INC boosted its holdings in iShares Semiconductor ETF by 278.6% in the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 78 shares in the last quarter. Strategic Advocates LLC acquired a new stake in iShares Semiconductor ETF in the third quarter worth about $35,000. Finally, SHP Wealth Management purchased a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth about $38,000.

iShares Semiconductor ETF Price Performance

SOXX opened at $639.45 on Friday. iShares Semiconductor ETF has a 52-week low of $221.86 and a 52-week high of $644.43. The company has a market cap of $41.44 billion, a P/E ratio of 31.84 and a beta of 1.80. The firm’s 50-day moving average price is $512.46 and its 200-day moving average price is $395.19.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.