Spinnaker Trust Purchases 2,948 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Spinnaker Trust lifted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 13.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 24,148 shares of the exchange traded fund’s stock after buying an additional 2,948 shares during the quarter. Spinnaker Trust’s holdings in iShares Semiconductor ETF were worth $5,204,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Integrity Financial Corp WA raised its position in shares of iShares Semiconductor ETF by 34.4% in the third quarter. Integrity Financial Corp WA now owns 207 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 53 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in shares of iShares Semiconductor ETF by 4.9% in the third quarter. Signature Estate & Investment Advisors LLC now owns 1,127 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 53 shares during the period. Cyndeo Wealth Partners LLC boosted its stake in shares of iShares Semiconductor ETF by 1.5% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,704 shares of the exchange traded fund’s stock valued at $798,000 after buying an additional 54 shares during the period. Syntegra Private Wealth Group LLC boosted its stake in shares of iShares Semiconductor ETF by 4.2% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 1,426 shares of the exchange traded fund’s stock valued at $307,000 after buying an additional 58 shares during the period. Finally, KCM Investment Advisors LLC boosted its stake in shares of iShares Semiconductor ETF by 3.5% in the third quarter. KCM Investment Advisors LLC now owns 1,740 shares of the exchange traded fund’s stock valued at $401,000 after buying an additional 59 shares during the period.

iShares Semiconductor ETF Trading Up 0.1 %

Shares of SOXX stock opened at $223.07 on Friday. The stock has a market cap of $13.81 billion, a P/E ratio of 10.60 and a beta of 1.34. The stock has a 50 day simple moving average of $221.10 and a 200 day simple moving average of $222.33. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared 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 of this dividend 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).