Harmony Asset Management LLC Invests $978,000 in iShares Semiconductor ETF $SOXX

Harmony Asset Management LLC acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,248 shares of the exchange traded fund’s stock, valued at approximately $978,000.

Several other large investors have also modified their holdings of the stock. Rathbones Group PLC boosted its stake in shares of iShares Semiconductor ETF by 9.4% during the 4th quarter. Rathbones Group PLC now owns 2,275 shares of the exchange traded fund’s stock worth $685,000 after acquiring an additional 195 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of iShares Semiconductor ETF by 26.4% during the 4th quarter. IFP Advisors Inc now owns 18,166 shares of the exchange traded fund’s stock worth $5,471,000 after acquiring an additional 3,798 shares in the last quarter. Banque Cantonale Vaudoise boosted its stake in shares of iShares Semiconductor ETF by 7.2% during the 4th quarter. Banque Cantonale Vaudoise now owns 21,658 shares of the exchange traded fund’s stock worth $6,523,000 after acquiring an additional 1,461 shares in the last quarter. CDM Financial Counseling Services Inc. purchased a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at $1,479,000. Finally, Three Cord True Wealth Management LLC purchased a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at $214,000.

iShares Semiconductor ETF Stock Up 4.7%

SOXX opened at $520.31 on Thursday. The stock has a fifty day moving average of $406.35 and a 200-day moving average of $351.35. The firm has a market capitalization of $33.72 billion, a P/E ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a 12-month low of $199.93 and a 12-month high of $533.74.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.2079 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.2%.

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). 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.