Focus Financial Network Inc. Has $2.01 Million Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Focus Financial Network Inc. lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 283.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,326 shares of the exchange traded fund’s stock after acquiring an additional 6,896 shares during the period. Focus Financial Network Inc.’s holdings in iShares Semiconductor ETF were worth $2,010,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of iShares Semiconductor ETF by 2.0% in the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock valued at $286,979,000 after acquiring an additional 24,055 shares in the last quarter. D.A. Davidson & CO. grew its stake in shares of iShares Semiconductor ETF by 15.3% in the third quarter. D.A. Davidson & CO. now owns 4,618 shares of the exchange traded fund’s stock valued at $1,065,000 after acquiring an additional 613 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of iShares Semiconductor ETF by 410,509.7% in the third quarter. International Assets Investment Management LLC now owns 15,225,408 shares of the exchange traded fund’s stock valued at $3,510,827,000 after acquiring an additional 15,221,700 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of iShares Semiconductor ETF by 47.3% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock valued at $682,546,000 after acquiring an additional 950,000 shares in the last quarter. Finally, AQR Capital Management LLC acquired a new position in shares of iShares Semiconductor ETF in the second quarter valued at about $291,000.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $219.90 on Wednesday. The company’s 50-day simple moving average is $221.00 and its 200 day simple moving average is $222.45. iShares Semiconductor ETF has a 52 week low of $192.87 and a 52 week high of $267.24. The company has a market capitalization of $13.61 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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