Cottonwood Capital Advisors LLC Has $5.51 Million Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Cottonwood Capital Advisors LLC boosted its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 6.6% during the third quarter, HoldingsChannel reports. The fund owned 23,913 shares of the exchange traded fund’s stock after purchasing an additional 1,475 shares during the quarter. iShares Semiconductor ETF comprises 4.0% of Cottonwood Capital Advisors LLC’s holdings, making the stock its 6th largest position. Cottonwood Capital Advisors LLC’s holdings in iShares Semiconductor ETF were worth $5,514,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXX. QCM Cayman Ltd. acquired a new position in shares of iShares Semiconductor ETF in the third quarter worth approximately $235,000. Ashton Thomas Securities LLC increased its stake in shares of iShares Semiconductor ETF by 1.1% in the 3rd quarter. Ashton Thomas Securities LLC now owns 11,076 shares of the exchange traded fund’s stock valued at $2,554,000 after acquiring an additional 119 shares in the last quarter. Colonial River Investments LLC acquired a new position in shares of iShares Semiconductor ETF during the 3rd quarter valued at $367,000. Axxcess Wealth Management LLC bought a new position in iShares Semiconductor ETF during the third quarter worth $367,000. Finally, Sigma Planning Corp grew its holdings in iShares Semiconductor ETF by 22.3% in the third quarter. Sigma Planning Corp now owns 20,871 shares of the exchange traded fund’s stock worth $4,813,000 after purchasing an additional 3,808 shares during the period.

iShares Semiconductor ETF Trading Down 0.8 %

Shares of NASDAQ SOXX opened at $229.52 on Monday. The firm has a market capitalization of $14.72 billion, a P/E ratio of 10.60 and a beta of 1.34. The firm’s 50-day moving average price is $225.59 and its 200-day moving average price is $231.31. iShares Semiconductor ETF has a 1-year low of $162.25 and a 1-year high of $267.24.

iShares Semiconductor ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a $0.5524 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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).