PSI Advisors LLC Has $1.91 Million Stock Holdings in iShares Semiconductor ETF $SOXX

PSI Advisors LLC grew its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 194.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,355 shares of the exchange traded fund’s stock after buying an additional 4,196 shares during the period. PSI Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,914,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Greenberg Financial Group acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $843,000. Moulton Wealth Management Inc. bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at about $5,773,000. Sava Penzisko Drushtvo A.D. Skopje bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at about $12,275,000. Eagle Strategies LLC bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at about $526,000. Finally, Optiver Holding B.V. boosted its position in shares of iShares Semiconductor ETF by 2,968.6% during the 3rd quarter. Optiver Holding B.V. now owns 20,222 shares of the exchange traded fund’s stock valued at $5,483,000 after purchasing an additional 19,563 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $563.98 on Thursday. iShares Semiconductor ETF has a one year low of $201.12 and a one year high of $584.50. The stock’s 50-day moving average is $427.42 and its 200 day moving average is $359.94. The firm has a market cap of $36.55 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a dividend of $0.2079 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 annualized dividend and a dividend yield of 0.1%.

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.