Apollon Wealth Management LLC Boosts Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Apollon Wealth Management LLC boosted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 7.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,925 shares of the exchange traded fund’s stock after purchasing an additional 1,649 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $5,156,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SOXX. AQR Capital Management LLC purchased a new stake in iShares Semiconductor ETF in the 2nd quarter worth approximately $291,000. Mather Group LLC. increased its stake in shares of iShares Semiconductor ETF by 22.5% in the third quarter. Mather Group LLC. now owns 409 shares of the exchange traded fund’s stock worth $94,000 after purchasing an additional 75 shares in the last quarter. CWM LLC raised its position in shares of iShares Semiconductor ETF by 5.1% during the 3rd quarter. CWM LLC now owns 4,857 shares of the exchange traded fund’s stock valued at $1,120,000 after purchasing an additional 235 shares during the period. Beaumont Financial Advisors LLC lifted its stake in shares of iShares Semiconductor ETF by 2.1% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 3,545 shares of the exchange traded fund’s stock valued at $818,000 after buying an additional 73 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its holdings in iShares Semiconductor ETF by 5.3% in the 3rd quarter. Valeo Financial Advisors LLC now owns 5,773 shares of the exchange traded fund’s stock worth $1,331,000 after buying an additional 292 shares during the period.

iShares Semiconductor ETF Stock Down 1.6 %

Shares of iShares Semiconductor ETF stock opened at $216.87 on Friday. The company has a market capitalization of $13.42 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. The stock’s 50-day simple moving average is $221.03 and its 200-day simple moving average is $222.67. 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 disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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).