MinichMacGregor Wealth Management LLC Grows Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

MinichMacGregor Wealth Management LLC grew its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 48.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,197 shares of the exchange traded fund’s stock after buying an additional 393 shares during the period. MinichMacGregor Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $258,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in iShares Semiconductor ETF in the third quarter valued at $27,000. EverSource Wealth Advisors LLC lifted its position in shares of iShares Semiconductor ETF by 84.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 63 shares during the period. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at about $33,000. Truvestments Capital LLC purchased a new position in shares of iShares Semiconductor ETF during the third quarter valued at about $35,000. Finally, Hollencrest Capital Management raised its stake in iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 60 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $235.81 on Thursday. The company has a 50-day simple moving average of $219.93 and a two-hundred day simple moving average of $225.36. The firm has a market capitalization of $15.21 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a one year low of $192.87 and a one year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares Semiconductor ETF

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).