Raymond James Financial Inc. Invests $69.62 Million in iShares Semiconductor ETF (NASDAQ:SOXX)

Raymond James Financial Inc. acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 323,086 shares of the exchange traded fund’s stock, valued at approximately $69,622,000.

Several other institutional investors have also recently bought and sold shares of SOXX. SpiderRock Advisors LLC grew its stake in shares of iShares Semiconductor ETF by 9.1% in the 3rd quarter. SpiderRock Advisors LLC now owns 3,405 shares of the exchange traded fund’s stock worth $785,000 after acquiring an additional 285 shares in the last quarter. Assetmark Inc. grew its position in iShares Semiconductor ETF by 34.8% during the third quarter. Assetmark Inc. now owns 1,945 shares of the exchange traded fund’s stock valued at $448,000 after buying an additional 502 shares during the period. XML Financial LLC bought a new position in iShares Semiconductor ETF during the third quarter worth about $374,000. Mesirow Financial Investment Management Inc. boosted its position in iShares Semiconductor ETF by 6.2% during the third quarter. Mesirow Financial Investment Management Inc. now owns 6,890 shares of the exchange traded fund’s stock worth $1,589,000 after purchasing an additional 401 shares during the period. Finally, 17 Capital Partners LLC boosted its position in iShares Semiconductor ETF by 33.3% during the third quarter. 17 Capital Partners LLC now owns 1,370 shares of the exchange traded fund’s stock worth $316,000 after purchasing an additional 342 shares during the period.

iShares Semiconductor ETF Trading Up 2.9 %

Shares of iShares Semiconductor ETF stock opened at $203.85 on Monday. iShares Semiconductor ETF has a 12-month low of $192.87 and a 12-month high of $267.24. The company has a market cap of $12.62 billion, a price-to-earnings ratio of 30.63 and a beta of 1.34. The company’s 50-day moving average price is $219.36 and its 200-day moving average price is $221.78.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.3578 dividend. The ex-dividend date 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).