Lee Johnson Capital Management LLC Takes Position in iShares Semiconductor ETF $SOXX

Lee Johnson Capital Management LLC acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,052 shares of the exchange traded fund’s stock, valued at approximately $1,220,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXX. Barnes Dennig Private Wealth Management LLC bought a new position in iShares Semiconductor ETF in the third quarter valued at $25,000. Johnson Financial Group Inc. bought a new stake in iShares Semiconductor ETF during the second quarter worth about $32,000. Financial Consulate Inc. bought a new stake in iShares Semiconductor ETF during the third quarter worth about $34,000. Strategic Advocates LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth about $35,000. Finally, Wellington Shields & Co. LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth about $41,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $341.02 on Wednesday. The firm has a market cap of $20.67 billion, a P/E ratio of 31.84 and a beta of 1.51. The stock has a 50 day simple moving average of $345.73 and a two-hundred day simple moving average of $310.63. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $368.82.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.2079 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 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). 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.