Spire Wealth Management Grows Holdings in iShares Semiconductor ETF $SOXX

Spire Wealth Management raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 25.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,546 shares of the exchange traded fund’s stock after buying an additional 2,348 shares during the period. Spire Wealth Management’s holdings in iShares Semiconductor ETF were worth $3,477,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC grew its position in iShares Semiconductor ETF by 1.7% in the third quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after acquiring an additional 36 shares in the last quarter. First Heartland Consultants Inc. lifted its stake in iShares Semiconductor ETF by 1.1% during the fourth quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock worth $992,000 after purchasing an additional 37 shares during the last quarter. Modera Wealth Management LLC lifted its stake in iShares Semiconductor ETF by 4.2% during the third quarter. Modera Wealth Management LLC now owns 1,003 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 40 shares during the last quarter. American Institute for Advanced Investment Management LLP boosted its holdings in shares of iShares Semiconductor ETF by 3.5% in the 3rd quarter. American Institute for Advanced Investment Management LLP now owns 1,183 shares of the exchange traded fund’s stock worth $321,000 after purchasing an additional 40 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its position in shares of iShares Semiconductor ETF by 0.4% during the 3rd quarter. Koshinski Asset Management Inc. now owns 9,685 shares of the exchange traded fund’s stock valued at $2,626,000 after purchasing an additional 41 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $323.48 on Monday. The stock has a market cap of $19.60 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $368.82. The stock’s 50-day moving average is $345.45 and its 200 day moving average is $312.36.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.2079 per share. This represents a $0.83 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Tuesday, March 17th.

About iShares Semiconductor ETF

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.