Park Avenue Securities LLC Has $5.62 Million Position in iShares Semiconductor ETF $SOXX

Park Avenue Securities LLC raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 13.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 20,726 shares of the exchange traded fund’s stock after acquiring an additional 2,418 shares during the period. Park Avenue Securities LLC’s holdings in iShares Semiconductor ETF were worth $5,619,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SOXX. Rehmann Capital Advisory Group raised its position in shares of iShares Semiconductor ETF by 2.4% during the second quarter. Rehmann Capital Advisory Group now owns 1,801 shares of the exchange traded fund’s stock worth $430,000 after acquiring an additional 42 shares during the last quarter. Condor Capital Management increased its position in iShares Semiconductor ETF by 0.4% during the 2nd quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock valued at $2,357,000 after purchasing an additional 43 shares during the period. Blue Trust Inc. raised its holdings in iShares Semiconductor ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 44 shares during the last quarter. CWM LLC raised its holdings in iShares Semiconductor ETF by 1.0% during the 2nd quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock worth $1,157,000 after purchasing an additional 49 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of iShares Semiconductor ETF by 1.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 3,684 shares of the exchange traded fund’s stock worth $880,000 after purchasing an additional 49 shares during the period.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $319.58 on Friday. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $329.15. The firm’s fifty day moving average is $300.09 and its 200-day moving average is $272.50. The firm has a market cap of $18.65 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.4363 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.75 dividend on an annualized basis and a yield of 0.5%.

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). 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.