Grimes & Company Inc. Acquires Shares of 1,130 iShares Semiconductor ETF (NASDAQ:SOXX)

Grimes & Company Inc. bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,130 shares of the exchange traded fund’s stock, valued at approximately $243,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Global Trust Asset Management LLC acquired a new position in shares of iShares Semiconductor ETF in the third quarter worth about $27,000. EverSource Wealth Advisors LLC increased its stake in shares of iShares Semiconductor ETF by 84.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 63 shares in the last quarter. RPg Family Wealth Advisory LLC acquired a new position in iShares Semiconductor ETF in the 3rd quarter worth about $33,000. Truvestments Capital LLC purchased a new position in iShares Semiconductor ETF during the third quarter worth approximately $35,000. Finally, Hollencrest Capital Management grew its holdings in iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 60 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $230.64 on Monday. The firm has a market capitalization of $14.54 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. The business’s 50 day moving average price is $220.66 and its 200-day moving average price is $224.70. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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).