Jones Financial Companies Lllp Raises Position in iShares Semiconductor ETF $SOXX

Jones Financial Companies Lllp grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 14.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 133,737 shares of the exchange traded fund’s stock after buying an additional 16,592 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares Semiconductor ETF were worth $35,953,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SOXX. Barnes Dennig Private Wealth Management LLC acquired a new position in iShares Semiconductor ETF during the 3rd quarter worth $25,000. GFG Capital LLC purchased a new position in shares of iShares Semiconductor ETF in the 2nd quarter valued at about $32,000. Johnson Financial Group Inc. purchased a new position in shares of iShares Semiconductor ETF in the 2nd quarter valued at about $32,000. Financial Consulate Inc. acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth about $34,000. Finally, Blue Trust Inc. increased its stake in shares of iShares Semiconductor ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 44 shares during the period.

iShares Semiconductor ETF Stock Up 1.8%

Shares of NASDAQ:SOXX opened at $352.69 on Tuesday. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $363.80. The firm’s 50 day moving average price is $317.95 and its 200 day moving average price is $285.19. The stock has a market cap of $21.27 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.4363 per share. This represents a $1.75 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, December 16th.

iShares Semiconductor ETF Company 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.