Citizens & Northern Corp Purchases Shares of 1,251 iShares Semiconductor ETF (NASDAQ:SOXX)

Citizens & Northern Corp purchased a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 1,251 shares of the exchange traded fund’s stock, valued at approximately $270,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Compass Financial Services Inc bought a new stake in iShares Semiconductor ETF during the fourth quarter valued at approximately $25,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $27,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $33,000. Truvestments Capital LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth $35,000. Finally, Hollencrest Capital Management grew its position in iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 60 shares in the last quarter.

iShares Semiconductor ETF Stock Up 0.1 %

NASDAQ SOXX opened at $223.07 on Tuesday. The stock’s 50-day simple moving average is $221.19 and its two-hundred day simple moving average is $222.28. iShares Semiconductor ETF has a twelve month low of $192.87 and a twelve month high of $267.24. The company has a market capitalization of $13.81 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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