Tempo Wealth LLC purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 3,422 shares of the exchange traded fund’s stock, valued at approximately $1,030,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in SOXX. Goldman Sachs Group Inc. grew its position in iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after purchasing an additional 941,363 shares during the last quarter. Morgan Stanley raised its holdings in iShares Semiconductor ETF by 30.0% in the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after buying an additional 547,109 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Semiconductor ETF by 7.2% in the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after buying an additional 159,203 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock worth $313,733,000 after buying an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of iShares Semiconductor ETF by 14.4% during the fourth quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock valued at $290,207,000 after buying an additional 121,561 shares during the last quarter.
iShares Semiconductor ETF Stock Up 6.6%
Shares of SOXX opened at $639.45 on Friday. The company has a market capitalization of $41.44 billion, a P/E ratio of 31.84 and a beta of 1.80. The firm has a 50 day moving average of $507.08 and a 200 day moving average of $393.47. iShares Semiconductor ETF has a twelve month low of $221.86 and a twelve month high of $644.43.
iShares Semiconductor ETF Increases Dividend
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.
Further Reading
- Five stocks we like better than iShares Semiconductor ETF
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Semiconductor ETF (NASDAQ:SOXX – Free Report).
Receive News & Ratings for iShares Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
