Theory Financial LLC Grows Stock Holdings in iShares Semiconductor ETF $SOXX

Theory Financial LLC increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 27.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,814 shares of the exchange traded fund’s stock after buying an additional 3,595 shares during the period. iShares Semiconductor ETF comprises approximately 1.7% of Theory Financial LLC’s holdings, making the stock its 15th largest position. Theory Financial LLC’s holdings in iShares Semiconductor ETF were worth $4,926,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SOXX. Sequoia Financial Advisors LLC boosted its stake in shares of iShares Semiconductor ETF by 24.2% in the third quarter. Sequoia Financial Advisors LLC now owns 2,407 shares of the exchange traded fund’s stock worth $653,000 after acquiring an additional 469 shares during the period. Evolution Wealth Advisors LLC lifted its holdings in iShares Semiconductor ETF by 5.6% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 10,693 shares of the exchange traded fund’s stock worth $2,899,000 after purchasing an additional 569 shares in the last quarter. Beacon Financial Planning Inc. lifted its holdings in iShares Semiconductor ETF by 1.6% in the 3rd quarter. Beacon Financial Planning Inc. now owns 10,994 shares of the exchange traded fund’s stock worth $2,981,000 after purchasing an additional 170 shares in the last quarter. Well Done LLC boosted its stake in iShares Semiconductor ETF by 8.4% in the 3rd quarter. Well Done LLC now owns 1,248 shares of the exchange traded fund’s stock worth $338,000 after purchasing an additional 97 shares during the period. Finally, First National Corp MA ADV grew its holdings in iShares Semiconductor ETF by 5.2% during the 3rd quarter. First National Corp MA ADV now owns 14,293 shares of the exchange traded fund’s stock valued at $3,950,000 after buying an additional 707 shares in the last quarter.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $342.47 on Friday. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $345.41. The firm’s 50 day moving average price is $304.00 and its 200-day moving average price is $276.86. The stock has a market cap of $20.51 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

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

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.