KCM Investment Advisors LLC Increases Position in iShares Semiconductor ETF (NASDAQ:SOXX)

KCM Investment Advisors LLC increased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 109.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,642 shares of the exchange traded fund’s stock after buying an additional 1,902 shares during the quarter. KCM Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $785,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of iShares Semiconductor ETF by 2.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock valued at $286,979,000 after purchasing an additional 24,055 shares during the last quarter. Wealthgarden F.S. LLC lifted its holdings in shares of iShares Semiconductor ETF by 40.5% during the fourth quarter. Wealthgarden F.S. LLC now owns 1,717 shares of the exchange traded fund’s stock worth $370,000 after purchasing an additional 495 shares during the period. RB Capital Management LLC grew its position in iShares Semiconductor ETF by 11.4% in the 3rd quarter. RB Capital Management LLC now owns 1,976 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 203 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in iShares Semiconductor ETF by 12.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 28,837 shares of the exchange traded fund’s stock valued at $6,214,000 after buying an additional 3,179 shares during the period. Finally, GM Advisory Group LLC raised its position in iShares Semiconductor ETF by 5.2% during the 4th quarter. GM Advisory Group LLC now owns 101,075 shares of the exchange traded fund’s stock worth $21,781,000 after buying an additional 4,997 shares during the last quarter.

iShares Semiconductor ETF Stock Down 7.5 %

Shares of NASDAQ:SOXX opened at $157.63 on Friday. iShares Semiconductor ETF has a fifty-two week low of $154.61 and a fifty-two week high of $267.24. The firm’s 50-day simple moving average is $207.14 and its 200-day simple moving average is $217.98. The company has a market cap of $9.07 billion, a price-to-earnings ratio of 22.52 and a beta of 1.40.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed 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).