iShares Semiconductor ETF (NASDAQ:SOXX) Holdings Increased by Baird Financial Group Inc.

Baird Financial Group Inc. increased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 82.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,789 shares of the exchange traded fund’s stock after acquiring an additional 8,931 shares during the period. Baird Financial Group Inc.’s holdings in iShares Semiconductor ETF were worth $4,264,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Baker Avenue Asset Management LP increased its position in shares of iShares Semiconductor ETF by 12.9% during the 4th quarter. Baker Avenue Asset Management LP now owns 2,072 shares of the exchange traded fund’s stock valued at $446,000 after purchasing an additional 236 shares during the period. Bayesian Capital Management LP acquired a new position in iShares Semiconductor ETF during the fourth quarter worth about $1,237,000. Benjamin Edwards Inc. raised its position in iShares Semiconductor ETF by 55.8% in the fourth quarter. Benjamin Edwards Inc. now owns 11,009 shares of the exchange traded fund’s stock worth $2,374,000 after acquiring an additional 3,941 shares in the last quarter. BNP Paribas Financial Markets raised its position in iShares Semiconductor ETF by 32.0% in the fourth quarter. BNP Paribas Financial Markets now owns 302,395 shares of the exchange traded fund’s stock worth $65,163,000 after acquiring an additional 73,318 shares in the last quarter. Finally, Alteri Wealth LLC acquired a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $704,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $193.94 on Friday. The firm’s 50 day moving average is $185.13 and its 200-day moving average is $208.47. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $267.24. The stock has a market capitalization of $11.18 billion, a P/E ratio of 26.27 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $0.2611 dividend. The ex-dividend date was Tuesday, March 18th.

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).