Kingswood Wealth Advisors LLC Grows Holdings in iShares Semiconductor ETF $SOXX

Kingswood Wealth Advisors LLC increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 49.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,308 shares of the exchange traded fund’s stock after purchasing an additional 1,435 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,297,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in iShares Semiconductor ETF by 7.2% in the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after acquiring an additional 159,203 shares during the last quarter. Foundations Investment Advisors LLC boosted its stake in iShares Semiconductor ETF by 27,470.8% in the third quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock valued at $89,700,000 after acquiring an additional 329,650 shares during the last quarter. Barclays PLC boosted its stake in iShares Semiconductor ETF by 80.7% in the third quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock valued at $88,424,000 after acquiring an additional 145,698 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Semiconductor ETF by 83.2% in the third quarter. JPMorgan Chase & Co. now owns 307,105 shares of the exchange traded fund’s stock valued at $83,263,000 after acquiring an additional 139,474 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares Semiconductor ETF by 6.1% in the second quarter. Ameriprise Financial Inc. now owns 301,244 shares of the exchange traded fund’s stock valued at $71,934,000 after acquiring an additional 17,202 shares during the last quarter.

iShares Semiconductor ETF Stock Up 2.1%

SOXX opened at $441.00 on Friday. The stock has a market cap of $29.88 billion, a price-to-earnings ratio of 31.84 and a beta of 1.53. iShares Semiconductor ETF has a twelve month low of $176.54 and a twelve month high of $446.64. The company’s 50-day moving average price is $357.56 and its two-hundred day moving average price is $326.56.

iShares Semiconductor ETF Cuts Dividend

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