iShares Semiconductor ETF (NASDAQ:SOXX) Shares Bought by Absolute Capital Management LLC

Absolute Capital Management LLC lifted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 14.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,850 shares of the exchange traded fund’s stock after buying an additional 3,300 shares during the period. iShares Semiconductor ETF comprises about 3.2% of Absolute Capital Management LLC’s investment portfolio, making the stock its 7th largest holding. Absolute Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $5,786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of iShares Semiconductor ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock worth $286,979,000 after buying an additional 24,055 shares during the period. D.A. Davidson & CO. raised its holdings in iShares Semiconductor ETF by 15.3% during the third quarter. D.A. Davidson & CO. now owns 4,618 shares of the exchange traded fund’s stock worth $1,065,000 after acquiring an additional 613 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in iShares Semiconductor ETF by 47.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock worth $682,546,000 after acquiring an additional 950,000 shares in the last quarter. Quantbot Technologies LP raised its holdings in iShares Semiconductor ETF by 74.5% during the third quarter. Quantbot Technologies LP now owns 1,806 shares of the exchange traded fund’s stock worth $416,000 after acquiring an additional 771 shares in the last quarter. Finally, RB Capital Management LLC raised its holdings in iShares Semiconductor ETF by 11.4% during the third quarter. RB Capital Management LLC now owns 1,976 shares of the exchange traded fund’s stock worth $456,000 after acquiring an additional 203 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

SOXX opened at $201.49 on Friday. iShares Semiconductor ETF has a 52-week low of $189.11 and a 52-week high of $267.24. The firm has a market capitalization of $11.66 billion, a PE ratio of 28.79 and a beta of 1.34. The business’s 50-day simple moving average is $215.36 and its 200 day simple moving average is $220.01.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be issued a dividend of $0.2611 per share. The ex-dividend date is Tuesday, March 18th.

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).