Thrivent Financial for Lutherans Boosts Stock Position in iShares Semiconductor ETF $SOXX

Thrivent Financial for Lutherans lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 3,068.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 271,415 shares of the exchange traded fund’s stock after acquiring an additional 262,850 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Semiconductor ETF were worth $73,586,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Modera Wealth Management LLC boosted its stake in iShares Semiconductor ETF by 4.2% in the 3rd quarter. Modera Wealth Management LLC now owns 1,003 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 40 shares during the period. American Institute for Advanced Investment Management LLP boosted its position in shares of iShares Semiconductor ETF by 3.5% in the third quarter. American Institute for Advanced Investment Management LLP now owns 1,183 shares of the exchange traded fund’s stock valued at $321,000 after acquiring an additional 40 shares during the period. Rehmann Capital Advisory Group grew its stake in iShares Semiconductor ETF by 2.4% during the second quarter. Rehmann Capital Advisory Group now owns 1,801 shares of the exchange traded fund’s stock valued at $430,000 after acquiring an additional 42 shares in the last quarter. Condor Capital Management grew its stake in iShares Semiconductor ETF by 0.4% during the second quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock valued at $2,357,000 after acquiring an additional 43 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in iShares Semiconductor ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 44 shares during the period.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $346.30 on Monday. The company’s 50 day simple moving average is $316.55 and its two-hundred day simple moving average is $284.45. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $363.80. The stock has a market capitalization of $20.73 billion, a PE ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.4363 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, December 16th.

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). 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.