Novare Capital Management LLC grew its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 254.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,812 shares of the exchange traded fund’s stock after buying an additional 24,285 shares during the period. Novare Capital Management LLC owned 0.05% of iShares Semiconductor ETF worth $11,113,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its holdings in iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after purchasing an additional 941,363 shares in the last quarter. Morgan Stanley boosted its stake in shares of iShares Semiconductor ETF by 30.0% during the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after purchasing an additional 547,109 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of iShares Semiconductor ETF by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after purchasing an additional 159,203 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares Semiconductor ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after purchasing an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position 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 period.
iShares Semiconductor ETF Price Performance
SOXX stock opened at $655.01 on Tuesday. iShares Semiconductor ETF has a 1 year low of $221.86 and a 1 year high of $655.95. The company has a market cap of $42.44 billion, a P/E ratio of 31.84 and a beta of 1.80. The firm has a 50-day moving average of $517.99 and a 200 day moving average of $398.36.
iShares Semiconductor ETF Increases Dividend
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). 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.
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