Axxcess Wealth Management LLC Has $226,000 Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Axxcess Wealth Management LLC grew its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 113.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 999 shares of the exchange traded fund’s stock after purchasing an additional 531 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $226,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Lodestar Private Asset Management LLC raised its position in shares of iShares Semiconductor ETF by 2.5% during the fourth quarter. Lodestar Private Asset Management LLC now owns 743 shares of the exchange traded fund’s stock worth $428,000 after acquiring an additional 18 shares during the last quarter. Keel Point LLC raised its position in shares of iShares Semiconductor ETF by 0.9% during the fourth quarter. Keel Point LLC now owns 1,982 shares of the exchange traded fund’s stock worth $1,142,000 after acquiring an additional 18 shares during the last quarter. McAdam LLC increased its holdings in iShares Semiconductor ETF by 4.3% in the fourth quarter. McAdam LLC now owns 844 shares of the exchange traded fund’s stock worth $486,000 after purchasing an additional 35 shares in the last quarter. Avitas Wealth Management LLC increased its holdings in iShares Semiconductor ETF by 2.1% in the fourth quarter. Avitas Wealth Management LLC now owns 1,807 shares of the exchange traded fund’s stock worth $1,041,000 after purchasing an additional 37 shares in the last quarter. Finally, Macroview Investment Management LLC increased its holdings in iShares Semiconductor ETF by 307.7% in the fourth quarter. Macroview Investment Management LLC now owns 53 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 40 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $229.37 on Friday. The company has a market cap of $14.28 billion, a P/E ratio of 10.60 and a beta of 1.34. The stock has a 50 day simple moving average of $245.51 and a two-hundred day simple moving average of $224.46. iShares Semiconductor ETF has a fifty-two week low of $144.40 and a fifty-two week high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a $0.3103 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $1.24 dividend on an annualized basis and a yield of 0.54%.

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).