iShares Semiconductor ETF (NASDAQ:SOXX) Position Increased by Baird Financial Group Inc.

Baird Financial Group Inc. lifted its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 82.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,789 shares of the exchange traded fund’s stock after acquiring an additional 8,931 shares during the period. Baird Financial Group Inc.’s holdings in iShares Semiconductor ETF were worth $4,264,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in 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 buying an additional 24,055 shares during the period. Wealthgarden F.S. LLC increased its stake in shares of iShares Semiconductor ETF by 40.5% in the fourth quarter. Wealthgarden F.S. LLC now owns 1,717 shares of the exchange traded fund’s stock worth $370,000 after acquiring an additional 495 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in iShares Semiconductor ETF by 12.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 28,837 shares of the exchange traded fund’s stock valued at $6,214,000 after purchasing an additional 3,179 shares during the last quarter. GM Advisory Group LLC grew its stake in iShares Semiconductor ETF by 5.2% in the fourth quarter. GM Advisory Group LLC now owns 101,075 shares of the exchange traded fund’s stock valued at $21,781,000 after purchasing an additional 4,997 shares in the last quarter. Finally, Prosperity Financial Group Inc. grew its stake in iShares Semiconductor ETF by 2.1% in the fourth quarter. Prosperity Financial Group Inc. now owns 6,352 shares of the exchange traded fund’s stock valued at $1,369,000 after purchasing an additional 130 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $193.94 on Friday. The business has a 50 day simple moving average of $185.13 and a 200 day simple moving average of $208.47. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $267.24. The stock has a market cap of $11.18 billion, a price-to-earnings ratio of 26.27 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Stockholders 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.

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).