1,527 iShares Semiconductor ETF $SOXX Shares Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 48.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,660 shares of the exchange traded fund’s stock after acquiring an additional 1,527 shares during the quarter. Wedbush Securities Inc.’s holdings in iShares Semiconductor ETF were worth $2,650,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Triumph Capital Management grew its stake in iShares Semiconductor ETF by 44.4% in the 2nd quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares during the last quarter. Willner & Heller LLC lifted its position in iShares Semiconductor ETF by 1.6% during the 2nd quarter. Willner & Heller LLC now owns 1,376 shares of the exchange traded fund’s stock worth $882,000 after acquiring an additional 22 shares during the last quarter. Round Rock Advisors LLC lifted its position in iShares Semiconductor ETF by 3.2% during the 2nd quarter. Round Rock Advisors LLC now owns 703 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 22 shares during the last quarter. IAG Wealth Partners LLC lifted its position in iShares Semiconductor ETF by 5.7% during the 1st quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock worth $152,000 after acquiring an additional 25 shares during the last quarter. Finally, Laurel Oak Wealth Management LLC grew its position in shares of iShares Semiconductor ETF by 0.3% in the first quarter. Laurel Oak Wealth Management LLC now owns 10,226 shares of the exchange traded fund’s stock valued at $3,361,000 after purchasing an additional 26 shares during the last quarter.

Key Headlines Impacting iShares Semiconductor ETF

Here are the key news stories impacting iShares Semiconductor ETF this week:

• Positive Sentiment: The U.S. plans to award $389 million in research and development funding for power semiconductors and critical materials. The investment could support long-term industry growth and domestic semiconductor capacity. U.S. to award $389 million in R&D funds for power semiconductors, critical materials
• Neutral Sentiment: SOXX’s portfolio changes are drawing attention, with Advanced Micro Devices identified as its leading purchase on Wednesday. Greater exposure to individual chip leaders may help performance if large-cap semiconductor stocks recover, but it also preserves the ETF’s sensitivity to sector volatility. What iShares PHLX SOX Semiconductor (SOXX) Bought: AMD Leads on Wednesday
• Neutral Sentiment: The ETF’s announced 3-for-1 share split will increase the number of shares held and reduce the per-share price, but it does not change investors’ proportional ownership or the underlying value of the fund. SOXX Is Splitting 3-for-1 Again: What Changes for Your Shares and What Doesn’t
• Negative Sentiment: Chip stocks have tumbled after hopes for a sustained rebound in the AI trade faded. The selloff is weighing on SOXX and reflects concerns about elevated valuations and the durability of semiconductor demand. Chip Stocks Tumble, Crushing Investor Hopes for a Long-Term Rebound
• Negative Sentiment: SOXX is described as clinging to its 200-day average after a sharp drop, while semiconductor stocks approach a key technical support level. A break below that level could trigger additional technical selling. SOXX Is Clinging to Its 200-Day Average After a Steep Drop

iShares Semiconductor ETF Trading Up 0.5%

SOXX opened at $478.20 on Friday. The business has a 50 day moving average of $531.97 and a 200-day moving average of $527.92. The stock has a market capitalization of $40.12 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 1-year low of $260.44 and a 1-year high of $655.95.

Shares of iShares Semiconductor ETF are scheduled to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.3250 dividend. This represents a $1.30 annualized dividend and a yield of 0.3%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date of this dividend was Tuesday, September 15th.

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.