Transcendent Capital Group LLC Increases Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Transcendent Capital Group LLC boosted its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 59.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,436 shares of the exchange traded fund’s stock after buying an additional 3,911 shares during the quarter. iShares Semiconductor ETF makes up approximately 1.2% of Transcendent Capital Group LLC’s portfolio, making the stock its 27th biggest position. Transcendent Capital Group LLC’s holdings in iShares Semiconductor ETF were worth $2,249,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SOXX. Compass Financial Services Inc bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth about $25,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $33,000. Truvestments Capital LLC purchased a new position in shares of iShares Semiconductor ETF during the third quarter valued at approximately $35,000. Hollencrest Capital Management raised its holdings in shares of iShares Semiconductor ETF by 56.1% during the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 60 shares in the last quarter. Finally, Morse Asset Management Inc purchased a new stake in iShares Semiconductor ETF in the third quarter worth $42,000.

iShares Semiconductor ETF Trading Down 2.3 %

Shares of iShares Semiconductor ETF stock opened at $218.72 on Tuesday. iShares Semiconductor ETF has a 12-month low of $192.87 and a 12-month high of $267.24. The company has a market cap of $13.54 billion, a P/E ratio of 10.60 and a beta of 1.34. The company’s fifty day simple moving average is $221.80 and its two-hundred day simple moving average is $223.01.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date 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).