Biondo Investment Advisors LLC Raises Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Biondo Investment Advisors LLC grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 26.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,715 shares of the exchange traded fund’s stock after acquiring an additional 560 shares during the period. Biondo Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $585,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. lifted its holdings in iShares Semiconductor ETF by 43.0% in the 4th quarter. Brown Brothers Harriman & Co. now owns 1,107 shares of the exchange traded fund’s stock worth $239,000 after buying an additional 333 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in iShares Semiconductor ETF by 213.5% during the fourth quarter. Orion Portfolio Solutions LLC now owns 2,768 shares of the exchange traded fund’s stock valued at $597,000 after purchasing an additional 1,885 shares during the last quarter. Blair William & Co. IL grew its position in shares of iShares Semiconductor ETF by 2.8% during the 4th quarter. Blair William & Co. IL now owns 21,554 shares of the exchange traded fund’s stock valued at $4,645,000 after buying an additional 590 shares during the last quarter. AssuredPartners Investment Advisors LLC acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth about $269,000. Finally, PKS Advisory Services LLC bought a new position in iShares Semiconductor ETF in the fourth quarter worth about $290,000.

iShares Semiconductor ETF Trading Down 3.0 %

NASDAQ:SOXX opened at $188.68 on Friday. The stock has a 50 day moving average of $212.54 and a 200-day moving average of $219.36. The firm has a market capitalization of $11.68 billion, a PE ratio of 28.79 and a beta of 1.34. iShares Semiconductor ETF has a 52 week low of $187.44 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a dividend of $0.2611 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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).