Valley Wealth Managers Inc. Has $3.15 Million Holdings in iShares Semiconductor ETF $SOXX

Valley Wealth Managers Inc. increased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 27.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,633 shares of the exchange traded fund’s stock after purchasing an additional 2,524 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares Semiconductor ETF were worth $3,154,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SOXX. Modera Wealth Management LLC lifted its position in shares of iShares Semiconductor ETF by 4.2% in the third quarter. Modera Wealth Management LLC now owns 1,003 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 40 shares during the last quarter. American Institute for Advanced Investment Management LLP raised its stake in shares of iShares Semiconductor ETF by 3.5% in the 3rd 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 in the last quarter. Rehmann Capital Advisory Group raised its stake in shares of iShares Semiconductor ETF by 2.4% in the 2nd 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 lifted its holdings in iShares Semiconductor ETF by 0.4% in the 2nd quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock worth $2,357,000 after purchasing an additional 43 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in iShares Semiconductor ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 44 shares during the period.

iShares Semiconductor ETF Stock Up 0.2%

Shares of SOXX stock opened at $361.13 on Friday. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $363.80. The company has a market cap of $21.42 billion, a PE ratio of 31.84 and a beta of 1.51. The business’s 50 day moving average is $315.04 and its two-hundred day moving average is $283.20.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.4363 dividend. This represents a $1.75 annualized dividend and a 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.