United Asset Strategies Inc. Grows Position in iShares Semiconductor ETF $SOXX

United Asset Strategies Inc. increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 16.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,170 shares of the exchange traded fund’s stock after purchasing an additional 8,426 shares during the period. iShares Semiconductor ETF accounts for 1.3% of United Asset Strategies Inc.’s portfolio, making the stock its 20th biggest position. United Asset Strategies Inc. owned approximately 0.11% of iShares Semiconductor ETF worth $16,042,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rehmann Capital Advisory Group increased its stake in shares of iShares Semiconductor ETF by 2.4% in the 2nd quarter. Rehmann Capital Advisory Group now owns 1,801 shares of the exchange traded fund’s stock worth $430,000 after acquiring an additional 42 shares in the last quarter. Condor Capital Management grew its holdings in iShares Semiconductor ETF by 0.4% in the second quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock worth $2,357,000 after purchasing an additional 43 shares during the period. Blue Trust Inc. increased its stake in shares of iShares Semiconductor ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 44 shares in the last quarter. CWM LLC increased its stake in shares of iShares Semiconductor ETF by 1.0% during the second quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock valued at $1,157,000 after purchasing an additional 49 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in shares of iShares Semiconductor ETF by 1.3% during the second quarter. First Horizon Advisors Inc. now owns 3,684 shares of the exchange traded fund’s stock valued at $880,000 after purchasing an additional 49 shares during the last quarter.

iShares Semiconductor ETF Stock Down 1.1%

Shares of SOXX opened at $324.89 on Thursday. The stock has a market cap of $18.91 billion, a P/E ratio of 31.84 and a beta of 1.51. The business’s 50 day moving average price is $299.81 and its 200-day moving average price is $272.17. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $329.15.

iShares Semiconductor ETF Cuts Dividend

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

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.