Joseph P. Lucia & Associates LLC Increases Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Joseph P. Lucia & Associates LLC raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 14.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,695 shares of the exchange traded fund’s stock after acquiring an additional 703 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in iShares Semiconductor ETF were worth $1,227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Global Trust Asset Management LLC purchased a new stake in iShares Semiconductor ETF during the 3rd quarter valued at about $27,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth about $33,000. Truvestments Capital LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth approximately $35,000. Hollencrest Capital Management lifted its position in iShares Semiconductor ETF by 56.1% during the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 60 shares in the last quarter. Finally, Morse Asset Management Inc purchased a new stake in shares of iShares Semiconductor ETF during the third quarter worth approximately $42,000.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $212.55 on Tuesday. The business has a 50 day simple moving average of $220.66 and a 200 day simple moving average of $224.70. iShares Semiconductor ETF has a 52 week low of $192.87 and a 52 week high of $267.24. The stock has a market cap of $13.40 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

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).