33,713 Shares in iShares Semiconductor ETF (NASDAQ:SOXX) Bought by Meridian Wealth Management LLC

Meridian Wealth Management LLC purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 33,713 shares of the exchange traded fund’s stock, valued at approximately $7,774,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Edgestream Partners L.P. boosted its position in shares of iShares Semiconductor ETF by 72.2% during the 1st quarter. Edgestream Partners L.P. now owns 2,096 shares of the exchange traded fund’s stock valued at $474,000 after acquiring an additional 879 shares during the last quarter. Natixis acquired a new position in iShares Semiconductor ETF in the first quarter valued at about $361,000. CreativeOne Wealth LLC acquired a new position in iShares Semiconductor ETF in the first quarter valued at about $217,000. EP Wealth Advisors LLC lifted its position in iShares Semiconductor ETF by 212.4% in the first quarter. EP Wealth Advisors LLC now owns 9,616 shares of the exchange traded fund’s stock valued at $2,172,000 after buying an additional 6,538 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its position in iShares Semiconductor ETF by 113.5% in the first quarter. Axxcess Wealth Management LLC now owns 999 shares of the exchange traded fund’s stock valued at $226,000 after buying an additional 531 shares during the last quarter.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $215.93 on Friday. The firm’s 50-day moving average is $226.00 and its two-hundred day moving average is $231.27. iShares Semiconductor ETF has a 12 month low of $167.64 and a 12 month high of $267.24. The stock has a market capitalization of $13.85 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.5524 per share. The ex-dividend date was Wednesday, September 25th.

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).