Capital Developers LLC Invests $668,000 in iShares Semiconductor ETF $SOXX

Capital Developers LLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,218 shares of the exchange traded fund’s stock, valued at approximately $668,000. iShares Semiconductor ETF makes up approximately 0.6% of Capital Developers LLC’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth $25,000. Financial Consulate Inc. acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth $34,000. Strategic Advocates LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth $35,000. Optima Capital LLC acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter worth $41,000. Finally, Wellington Shields & Co. LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth $41,000.

iShares Semiconductor ETF Trading Down 1.3%

NASDAQ SOXX opened at $455.41 on Tuesday. The company’s fifty day simple moving average is $361.71 and its 200-day simple moving average is $329.51. iShares Semiconductor ETF has a 52 week low of $176.77 and a 52 week high of $463.87. The stock has a market cap of $30.33 billion, a P/E ratio of 31.84 and a beta of 1.53.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders 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 dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 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). 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.