Axxcess Wealth Management LLC Makes New Investment in iShares Semiconductor ETF (NASDAQ:SOXX)

Axxcess Wealth Management LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,590 shares of the exchange traded fund’s stock, valued at approximately $367,000.

Other hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. grew its holdings in iShares Semiconductor ETF by 164.3% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 4,449 shares of the exchange traded fund’s stock valued at $1,005,000 after buying an additional 2,766 shares during the last quarter. US Bancorp DE boosted its stake in shares of iShares Semiconductor ETF by 193.3% during the first quarter. US Bancorp DE now owns 12,039 shares of the exchange traded fund’s stock valued at $2,720,000 after acquiring an additional 7,934 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in iShares Semiconductor ETF by 171.7% in the 1st quarter. Kingsview Wealth Management LLC now owns 23,664 shares of the exchange traded fund’s stock valued at $5,346,000 after purchasing an additional 14,955 shares during the last quarter. Blair William & Co. IL raised its stake in iShares Semiconductor ETF by 198.8% in the 1st quarter. Blair William & Co. IL now owns 19,979 shares of the exchange traded fund’s stock valued at $4,514,000 after purchasing an additional 13,293 shares during the last quarter. Finally, Leo Wealth LLC purchased a new position in iShares Semiconductor ETF in the 1st quarter valued at about $201,000.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $218.37 on Thursday. The firm has a market cap of $14.01 billion, a PE ratio of 10.60 and a beta of 1.34. The firm has a 50 day simple moving average of $225.75 and a 200-day simple moving average of $231.35. iShares Semiconductor ETF has a 1-year low of $167.16 and a 1-year high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued 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).