Legacy Edge Advisors LLC Invests $15.32 Million in iShares Semiconductor ETF $SOXX

Legacy Edge Advisors LLC purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,860 shares of the exchange traded fund’s stock, valued at approximately $15,317,000. iShares Semiconductor ETF comprises 1.7% of Legacy Edge Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Legacy Edge Advisors LLC owned 0.08% of iShares Semiconductor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of iShares Semiconductor ETF in the third quarter worth $25,000. Financial Consulate Inc. bought a new position in shares of iShares Semiconductor ETF during the 3rd quarter valued at $34,000. Strategic Advocates LLC bought a new position in shares of iShares Semiconductor ETF during the 3rd quarter valued at $35,000. Wellington Shields & Co. LLC bought a new position in shares of iShares Semiconductor ETF during the 3rd quarter valued at $41,000. Finally, Optima Capital LLC bought a new position in shares of iShares Semiconductor ETF during the 4th quarter valued at $41,000.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $465.75 on Friday. The business’s fifty day moving average price is $367.36 and its 200-day moving average price is $332.75. The stock has a market capitalization of $30.18 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a 1-year low of $184.27 and a 1-year high of $466.91.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.2079 per share. This represents a $0.83 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.