AlphaCore Capital LLC Has $775,000 Position in iShares Semiconductor ETF $SOXX

AlphaCore Capital LLC grew its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 281.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,572 shares of the exchange traded fund’s stock after purchasing an additional 1,898 shares during the period. AlphaCore Capital LLC’s holdings in iShares Semiconductor ETF were worth $775,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. BOKF NA acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $30,000. Strategic Advocates LLC acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth approximately $35,000. Wellington Shields & Co. LLC acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth approximately $41,000. Optima Capital LLC acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $41,000. Finally, Garner Asset Management Corp acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $45,000.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $495.87 on Tuesday. The company has a market cap of $32.13 billion, a PE ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a one year low of $199.93 and a one year high of $533.74. The firm’s 50 day simple moving average is $399.20 and its 200 day simple moving average is $348.52.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.2079 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.2%.

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.