Concurrent Investment Advisors LLC Boosts Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Concurrent Investment Advisors LLC raised its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.9% in the fourth quarter, HoldingsChannel reports. The firm owned 8,882 shares of the exchange traded fund’s stock after acquiring an additional 491 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,914,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SOXX. Healthcare of Ontario Pension Plan Trust Fund raised its position in iShares Semiconductor ETF by 47.3% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock valued at $682,546,000 after purchasing an additional 950,000 shares in the last quarter. Strategic Financial Concepts LLC raised its position in iShares Semiconductor ETF by 22,093.6% during the 4th quarter. Strategic Financial Concepts LLC now owns 254,782 shares of the exchange traded fund’s stock valued at $54,903,000 after purchasing an additional 253,634 shares in the last quarter. Accredited Investors Inc. raised its position in iShares Semiconductor ETF by 9,530.8% during the 3rd quarter. Accredited Investors Inc. now owns 227,576 shares of the exchange traded fund’s stock valued at $52,477,000 after purchasing an additional 225,213 shares in the last quarter. Mirae Asset Securities USA Inc. raised its position in iShares Semiconductor ETF by 60.0% during the 3rd quarter. Mirae Asset Securities USA Inc. now owns 400,000 shares of the exchange traded fund’s stock valued at $92,236,000 after purchasing an additional 150,000 shares in the last quarter. Finally, IMC Chicago LLC bought a new position in shares of iShares Semiconductor ETF in the 4th quarter worth $29,158,000.

iShares Semiconductor ETF Trading Down 3.1 %

SOXX opened at $223.95 on Friday. The firm has a market cap of $13.86 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $192.87 and a 12 month high of $267.24. The stock has a fifty day moving average price of $221.97 and a 200-day moving average price of $222.68.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

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).