JPMorgan Chase & Co. Buys 24,055 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

JPMorgan Chase & Co. increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,244,540 shares of the exchange traded fund’s stock after acquiring an additional 24,055 shares during the quarter. JPMorgan Chase & Co. owned about 1.94% of iShares Semiconductor ETF worth $286,979,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SOXX. Bank of New York Mellon Corp raised its holdings in iShares Semiconductor ETF by 34.4% in the second quarter. Bank of New York Mellon Corp now owns 5,398 shares of the exchange traded fund’s stock worth $1,331,000 after purchasing an additional 1,382 shares during the period. IFG Advisory LLC bought a new position in iShares Semiconductor ETF during the second quarter worth about $792,000. Interchange Capital Partners LLC grew its stake in iShares Semiconductor ETF by 130.9% in the second quarter. Interchange Capital Partners LLC now owns 2,247 shares of the exchange traded fund’s stock valued at $554,000 after acquiring an additional 1,274 shares during the period. Rinkey Investments increased its holdings in shares of iShares Semiconductor ETF by 3.7% in the second quarter. Rinkey Investments now owns 1,397 shares of the exchange traded fund’s stock worth $345,000 after acquiring an additional 50 shares in the last quarter. Finally, JPL Wealth Management LLC raised its position in shares of iShares Semiconductor ETF by 5.6% during the second quarter. JPL Wealth Management LLC now owns 11,160 shares of the exchange traded fund’s stock worth $2,752,000 after purchasing an additional 594 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $221.64 on Monday. The stock has a 50 day simple moving average of $221.00 and a 200 day simple moving average of $228.69. iShares Semiconductor ETF has a 52-week low of $177.88 and a 52-week high of $267.24. The firm has a market capitalization of $14.22 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

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).