iShares Semiconductor ETF (NASDAQ:SOXX) Position Boosted by Cottonwood Capital Advisors LLC

Cottonwood Capital Advisors LLC raised its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,738 shares of the exchange traded fund’s stock after buying an additional 825 shares during the quarter. iShares Semiconductor ETF comprises 3.8% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 5th biggest holding. Cottonwood Capital Advisors LLC’s holdings in iShares Semiconductor ETF were worth $5,331,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Global Trust Asset Management LLC purchased a new position in iShares Semiconductor ETF during the third quarter worth $27,000. EverSource Wealth Advisors LLC lifted its position in shares of iShares Semiconductor ETF by 84.0% during the second 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 last quarter. RPg Family Wealth Advisory LLC purchased a new position in iShares Semiconductor ETF in the 3rd quarter worth about $33,000. Truvestments Capital LLC purchased a new position in shares of iShares Semiconductor ETF during the third quarter worth approximately $35,000. Finally, Hollencrest Capital Management increased its holdings in iShares Semiconductor ETF by 56.1% during the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 60 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $230.64 on Friday. The firm’s 50-day moving average is $220.66 and its two-hundred day moving average is $225.23. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24. The stock has a market cap of $14.54 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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

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).