Osbon Capital Management LLC Purchases Shares of 9,875 iShares Semiconductor ETF $SOXX

Osbon Capital Management LLC purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,875 shares of the exchange traded fund’s stock, valued at approximately $2,974,000. iShares Semiconductor ETF accounts for approximately 2.8% of Osbon Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding.

Other hedge funds have also made changes to their positions in the company. BOKF NA purchased a new position in iShares Semiconductor ETF during the fourth quarter worth about $30,000. Commonwealth Retirement Investments LLC acquired a new stake in iShares Semiconductor ETF in the 4th quarter worth about $32,000. Wealth Watch Advisors INC grew its holdings in iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 78 shares during the period. Strategic Advocates LLC purchased a new stake in iShares Semiconductor ETF in the 3rd quarter valued at about $35,000. Finally, SHP Wealth Management acquired a new position in shares of iShares Semiconductor ETF during the 4th quarter valued at about $38,000.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $639.45 on Friday. The company has a market cap of $41.44 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 12 month low of $221.86 and a 12 month high of $644.43. The company has a 50-day moving average of $512.46 and a 200-day moving average of $395.19.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2827 dividend. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%.

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.