GK Wealth Management LLC Buys Shares of 999 iShares Semiconductor ETF $SOXX

GK Wealth Management LLC purchased a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 999 shares of the exchange traded fund’s stock, valued at approximately $640,000.

A number of other hedge funds have also recently made changes to their positions in SOXX. BOKF NA acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $30,000. Commonwealth Retirement Investments LLC acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $32,000. Wealth Watch Advisors INC boosted its position in iShares Semiconductor ETF by 278.6% during the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 78 shares during the period. Gould Capital LLC grew its holdings in iShares Semiconductor ETF by 39.2% during the 1st quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 31 shares during the last quarter. Finally, SHP Wealth Management bought a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $38,000.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $542.21 on Wednesday. The firm has a 50 day moving average price of $569.05 and a two-hundred day moving average price of $452.01. The stock has a market cap of $48.61 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52-week low of $233.67 and a 52-week high of $655.95.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.2827 dividend. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 15th.

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). 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.