Advisor Resource Council Takes Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Advisor Resource Council bought a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Get Rating) in the fourth quarter, Holdings Channel.com reports. The firm bought 742 shares of the exchange traded fund’s stock, valued at approximately $402,000.

A number of other institutional investors have also recently bought and sold shares of SOXX. Congress Wealth Management LLC DE acquired a new stake in shares of iShares Semiconductor ETF in the 4th quarter worth approximately $52,004,000. EP Wealth Advisors LLC raised its holdings in shares of iShares Semiconductor ETF by 3,930.7% during the third quarter. EP Wealth Advisors LLC now owns 78,800 shares of the exchange traded fund’s stock valued at $890,000 after acquiring an additional 76,845 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Semiconductor ETF by 59.4% during the third quarter. LPL Financial LLC now owns 145,321 shares of the exchange traded fund’s stock valued at $64,794,000 after acquiring an additional 54,164 shares during the period. Advisor Group Holdings Inc. increased its stake in iShares Semiconductor ETF by 91.7% in the 4th quarter. Advisor Group Holdings Inc. now owns 110,150 shares of the exchange traded fund’s stock valued at $59,936,000 after buying an additional 52,686 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in iShares Semiconductor ETF by 39.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 184,826 shares of the exchange traded fund’s stock valued at $100,235,000 after buying an additional 52,412 shares during the period.

iShares Semiconductor ETF stock opened at $396.95 on Friday. The firm’s 50 day moving average price is $433.15 and its two-hundred day moving average price is $479.39. iShares Semiconductor ETF has a twelve month low of $377.33 and a twelve month high of $559.02.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 30th. Shareholders of record on Friday, March 25th were paid a $0.875 dividend. This represents a $3.50 annualized dividend and a yield of 0.88%. The ex-dividend date was Thursday, March 24th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.87.

iShares Semiconductor ETF Company Profile (Get Rating)

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).

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