Newbridge Financial Services Group Inc. Buys Shares of 649 iShares Semiconductor ETF (NASDAQ:SOXX)

Newbridge Financial Services Group Inc. bought a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 649 shares of the exchange traded fund’s stock, valued at approximately $140,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in iShares Semiconductor ETF by 410,509.7% in the third quarter. International Assets Investment Management LLC now owns 15,225,408 shares of the exchange traded fund’s stock worth $3,510,827,000 after acquiring an additional 15,221,700 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of iShares Semiconductor ETF by 47.3% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock valued at $682,546,000 after purchasing an additional 950,000 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of iShares Semiconductor ETF by 22,093.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 254,782 shares of the exchange traded fund’s stock worth $54,903,000 after purchasing an additional 253,634 shares during the period. Accredited Investors Inc. boosted its stake in shares of iShares Semiconductor ETF by 9,530.8% during the third quarter. Accredited Investors Inc. now owns 227,576 shares of the exchange traded fund’s stock valued at $52,477,000 after purchasing an additional 225,213 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. increased its holdings in iShares Semiconductor ETF by 60.0% during the third quarter. Mirae Asset Securities USA Inc. now owns 400,000 shares of the exchange traded fund’s stock valued at $92,236,000 after buying an additional 150,000 shares during the period.

iShares Semiconductor ETF Stock Down 1.6 %

Shares of NASDAQ:SOXX opened at $216.87 on Monday. The firm has a 50 day moving average of $221.03 and a 200 day moving average of $222.48. The company has a market capitalization of $13.42 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52 week low of $192.87 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3578 dividend. The ex-dividend date of this dividend was Tuesday, December 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).