Silver Oak Securities Incorporated Invests $227,000 in iShares Semiconductor ETF (NASDAQ:SOXX)

Silver Oak Securities Incorporated purchased a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,043 shares of the exchange traded fund’s stock, valued at approximately $227,000.

A number of other hedge funds have also recently modified their holdings of SOXX. Global Trust Asset Management LLC purchased a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at approximately $27,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares Semiconductor ETF in the third quarter valued at $33,000. Truvestments Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at $35,000. Hollencrest Capital Management lifted its stake in shares of iShares Semiconductor ETF by 56.1% in the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 60 shares during the last quarter. Finally, Morse Asset Management Inc purchased a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth $42,000.

iShares Semiconductor ETF Trading Down 1.6 %

Shares of SOXX opened at $216.87 on Monday. The company’s 50-day moving average price is $221.03 and its 200 day moving average price is $222.48. iShares Semiconductor ETF has a 12-month low of $192.87 and a 12-month high of $267.24. The firm has a market cap of $13.42 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders 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).