iShares Semiconductor ETF $SOXX Shares Bought by Washington Growth Strategies LLC

Washington Growth Strategies LLC grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 170.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,351 shares of the exchange traded fund’s stock after purchasing an additional 5,262 shares during the quarter. iShares Semiconductor ETF comprises approximately 1.6% of Washington Growth Strategies LLC’s portfolio, making the stock its 17th largest holding. Washington Growth Strategies LLC’s holdings in iShares Semiconductor ETF were worth $2,515,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC purchased a new position in iShares Semiconductor ETF during the third quarter worth approximately $25,000. Financial Consulate Inc. purchased a new stake in iShares Semiconductor ETF in the 3rd quarter valued at $34,000. Strategic Advocates LLC purchased a new stake in iShares Semiconductor ETF in the 3rd quarter valued at $35,000. Wellington Shields & Co. LLC acquired a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth $41,000. Finally, Optima Capital LLC purchased a new position in shares of iShares Semiconductor ETF during the 4th quarter worth $41,000.

iShares Semiconductor ETF Trading Up 2.0%

Shares of SOXX stock opened at $401.24 on Wednesday. The company’s 50-day moving average price is $347.38 and its 200-day moving average price is $320.20. The stock has a market cap of $25.12 billion, a price-to-earnings ratio of 31.84 and a beta of 1.53. iShares Semiconductor ETF has a twelve month low of $160.26 and a twelve month high of $401.44.

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 paid a dividend of $0.2079 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a yield of 0.2%.

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.