Greenspring Advisors LLC Invests $1.60 Million in iShares Semiconductor ETF $SOXX

Greenspring Advisors LLC acquired a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,296 shares of the exchange traded fund’s stock, valued at approximately $1,595,000.

A number of other institutional investors and hedge funds have also modified their holdings of SOXX. Goldman Sachs Group Inc. lifted its stake in shares of iShares Semiconductor ETF by 47.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after buying an additional 941,363 shares during the last quarter. Quadrature Capital Ltd lifted its stake in shares of iShares Semiconductor ETF by 6,111.9% in the third quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock worth $71,772,000 after buying an additional 260,365 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of 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 worth $562,835,000 after buying an additional 159,203 shares during the last quarter. Barclays PLC lifted its stake in shares of iShares Semiconductor ETF by 80.7% in the third quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after buying an additional 145,698 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of 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 worth $83,263,000 after buying an additional 139,474 shares during the last quarter.

iShares Semiconductor ETF Trading Up 1.8%

Shares of iShares Semiconductor ETF stock opened at $615.68 on Thursday. The firm has a fifty day simple moving average of $451.62 and a 200-day simple moving average of $369.92. iShares Semiconductor ETF has a 1-year low of $213.54 and a 1-year high of $618.84. The stock has a market capitalization of $39.90 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.2079 per share. This represents a $0.83 annualized dividend and a yield of 0.1%. 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.