Wellspring Financial Advisors LLC Increases Stock Holdings in iShares Semiconductor ETF $SOXX

Wellspring Financial Advisors LLC boosted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 150,012 shares of the exchange traded fund’s stock after acquiring an additional 4,859 shares during the quarter. iShares Semiconductor ETF accounts for approximately 0.6% of Wellspring Financial Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Wellspring Financial Advisors LLC owned 0.25% of iShares Semiconductor ETF worth $45,183,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SOXX. Goldman Sachs Group Inc. boosted its holdings in iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after acquiring an additional 941,363 shares during the period. Quadrature Capital Ltd boosted its holdings in iShares Semiconductor ETF by 6,111.9% during the 3rd quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock valued at $71,772,000 after acquiring an additional 260,365 shares during the period. Bank of America Corp DE boosted its holdings in iShares Semiconductor ETF by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after acquiring an additional 159,203 shares during the period. Simplex Trading LLC purchased a new position in iShares Semiconductor ETF during the 4th quarter valued at about $47,007,000. Finally, Barclays PLC boosted its holdings in iShares Semiconductor ETF by 80.7% during the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock valued at $88,424,000 after acquiring an additional 145,698 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $541.51 on Thursday. The business has a 50-day moving average of $475.00 and a 200 day moving average of $379.91. iShares Semiconductor ETF has a 12 month low of $220.30 and a 12 month high of $618.84. The stock has a market capitalization of $35.09 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.2079 per share. This represents a $0.83 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, March 17th.

iShares Semiconductor ETF Company 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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.