Golden State Wealth Management LLC Invests $451,000 in iShares Semiconductor ETF (NASDAQ:SOXX)

Golden State Wealth Management LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, Holdings Channel.com reports. The fund purchased 2,094 shares of the exchange traded fund’s stock, valued at approximately $451,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Global Trust Asset Management LLC acquired a new stake in shares of iShares Semiconductor ETF in the third quarter worth $27,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares Semiconductor ETF during the 3rd quarter worth $33,000. Truvestments Capital LLC purchased a new stake in iShares Semiconductor ETF during the 3rd quarter worth $35,000. Hollencrest Capital Management increased its holdings in iShares Semiconductor ETF by 56.1% in the 3rd 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 position in iShares Semiconductor ETF in the third quarter valued at about $42,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $216.87 on Friday. iShares Semiconductor ETF has a 1-year low of $192.87 and a 1-year high of $267.24. The company has a market capitalization of $13.42 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. The business has a 50-day moving average of $221.00 and a 200-day moving average of $222.88.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

iShares Semiconductor ETF 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).