World Equity Group Inc. Makes New $309,000 Investment in iShares Semiconductor ETF (NASDAQ:SOXX)

World Equity Group Inc. purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,434 shares of the exchange traded fund’s stock, valued at approximately $309,000.

Several other institutional investors have also modified their holdings of the business. Sequoia Financial Advisors LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter worth $225,000. Signaturefd LLC grew its stake in shares of iShares Semiconductor ETF by 264.9% during the third quarter. Signaturefd LLC now owns 551 shares of the exchange traded fund’s stock worth $127,000 after purchasing an additional 400 shares in the last quarter. Dakota Wealth Management grew its stake in shares of iShares Semiconductor ETF by 8.3% during the third quarter. Dakota Wealth Management now owns 1,299 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 99 shares in the last quarter. Washburn Capital Management Inc. grew its stake in shares of iShares Semiconductor ETF by 8.4% during the third quarter. Washburn Capital Management Inc. now owns 6,400 shares of the exchange traded fund’s stock worth $1,476,000 after purchasing an additional 495 shares in the last quarter. Finally, Traynor Capital Management Inc. grew its stake in shares of iShares Semiconductor ETF by 7.5% during the third quarter. Traynor Capital Management Inc. now owns 36,488 shares of the exchange traded fund’s stock worth $8,414,000 after purchasing an additional 2,546 shares in the last quarter.

iShares Semiconductor ETF Trading Down 2.3 %

Shares of SOXX stock opened at $218.72 on Tuesday. The firm has a fifty day moving average price of $221.80 and a 200 day moving average price of $223.01. The company has a market cap of $13.54 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $192.87 and a 12 month 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 given a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

iShares Semiconductor ETF Company 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).