1,033 iShares Semiconductor ETF $SOXX Shares Purchased by Redstone Wealth Management LLC

Redstone Wealth Management LLC lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,386 shares of the exchange traded fund’s stock after purchasing an additional 1,033 shares during the quarter. iShares Semiconductor ETF comprises about 15.1% of Redstone Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Redstone Wealth Management LLC owned 0.05% of iShares Semiconductor ETF worth $24,103,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXX. Highland Investment Advisors LLC acquired a new position in iShares Semiconductor ETF during the second quarter worth about $40,000. Triumph Capital Management raised its holdings in shares of iShares Semiconductor ETF by 44.4% during the second quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of iShares Semiconductor ETF by 245.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 49 shares in the last quarter. Atomic Invest LLC raised its position in iShares Semiconductor ETF by 108.1% during the second quarter. Atomic Invest LLC now owns 77 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 40 shares during the period. Finally, Go Invest LLC purchased a new stake in iShares Semiconductor ETF in the 3rd quarter worth about $45,000.

More iShares Semiconductor ETF News

Here are the key news stories impacting iShares Semiconductor ETF this week:

• Positive Sentiment: Semiconductor stocks recently participated in a broader technology rebound, providing a near-term boost to SOXX and signaling that buyers remain willing to return to the sector after its sharp pullback. Tech Stocks Rebound as Semiconductors Rally
• Positive Sentiment: Strong expected third-quarter earnings from Samsung, driven by demand for AI-related memory chips, offer a constructive read-through for semiconductor suppliers and SOXX holdings. Samsung Appears to Be a Good Bet Ahead of Q3
• Positive Sentiment: Retail investors remain notably bullish ahead of major technology earnings, supporting the possibility of dip-buying if chip companies deliver strong results. SOXX, SOXL Retreat to Red Premarket, but Retail Is Extremely Bullish
• Neutral Sentiment: SOXX is scheduled for a three-for-one share split. The split changes the number of shares and per-share price but does not alter investors’ proportional ownership or the ETF’s underlying value. iShares Semiconductor ETF Stock Set to Split
• Neutral Sentiment: Comparisons with the broader XLK technology ETF highlight SOXX’s stronger historical returns but substantially larger drawdowns, underscoring its higher-risk, concentrated semiconductor exposure. XLK vs. SOXX
• Negative Sentiment: Goldman Sachs data showed hedge funds cutting technology and chip positions at the fastest pace in more than a decade, adding institutional selling pressure to SOXX. Hedge Funds Dumped Tech Stocks at the Fastest Pace in a Decade
• Negative Sentiment: Investors are increasingly concerned that data-center spending and AI infrastructure demand may slow, weighing on the valuation of the ETF’s 30 leading chip and component suppliers. Should You Buy SOXX After Its 25% Plunge?
• Negative Sentiment: Put-option activity surged about 90% above average, suggesting increased demand for downside protection or bearish speculation. In addition, SOXX sold approximately $143.7 million of AMD, which may have contributed to pressure on a major holding.

iShares Semiconductor ETF Trading Down 0.4%

Shares of iShares Semiconductor ETF stock opened at $500.01 on Wednesday. The stock has a 50-day moving average price of $535.63 and a 200 day moving average price of $526.10. The company has a market cap of $41.40 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 1 year low of $260.44 and a 1 year high of $655.95.

iShares Semiconductor ETF shares are going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.3250 per share. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.30 dividend on an annualized basis 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.