SteelPeak Wealth LLC Purchases 6,093 Shares of iShares Semiconductor ETF $SOXX

SteelPeak Wealth LLC boosted its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 45.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 19,420 shares of the exchange traded fund’s stock after purchasing an additional 6,093 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Semiconductor ETF were worth $6,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. BOKF NA bought a new position in shares of iShares Semiconductor ETF during the 4th quarter worth $30,000. Commonwealth Retirement Investments LLC purchased a new stake in iShares Semiconductor ETF in the 4th quarter worth about $32,000. Wealth Watch Advisors INC raised its stake in iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 78 shares during the period. SHP Wealth Management bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $38,000. Finally, Strategic Advocates LLC purchased a new stake in iShares Semiconductor ETF during the third quarter valued at about $35,000.

iShares Semiconductor ETF Stock Down 4.5%

Shares of NASDAQ:SOXX opened at $530.50 on Friday. The firm has a market capitalization of $43.45 billion, a PE ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a twelve month low of $232.33 and a twelve month high of $655.95. The company has a 50-day moving average price of $570.15 and a two-hundred day moving average price of $433.54.

iShares Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.2827 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, June 15th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.