Nikulski Financial Inc. Invests $1.36 Million in iShares Semiconductor ETF $SOXX

Nikulski Financial Inc. bought a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, Holdings Channel reports. The institutional investor bought 4,518 shares of the exchange traded fund’s stock, valued at approximately $1,361,000.

Several other hedge funds also recently modified their holdings of SOXX. Bison Wealth LLC bought a new position in iShares Semiconductor ETF during the 4th quarter valued at $201,000. AQR Capital Management LLC grew its stake in shares of iShares Semiconductor ETF by 83.9% in the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after acquiring an additional 1,021 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of iShares Semiconductor ETF by 102.6% in the second quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock valued at $834,000 after purchasing an additional 1,770 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of iShares Semiconductor ETF by 4.6% in the second quarter. Franklin Resources Inc. now owns 8,475 shares of the exchange traded fund’s stock valued at $2,023,000 after purchasing an additional 370 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in shares of iShares Semiconductor ETF during the second quarter valued at about $541,000.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $328.66 on Wednesday. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $368.82. The firm’s 50-day simple moving average is $344.62 and its 200 day simple moving average is $313.26. The stock has a market cap of $19.92 billion, a PE ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.2079 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend and a dividend yield of 0.3%.

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.