WFA Asset Management Corp Boosts Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

WFA Asset Management Corp lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 942.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,188 shares of the exchange traded fund’s stock after purchasing an additional 1,074 shares during the period. WFA Asset Management Corp’s holdings in iShares Semiconductor ETF were worth $268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SOXX. Sumitomo Mitsui Trust Holdings Inc. increased its position in iShares Semiconductor ETF by 100.0% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $226,000 after purchasing an additional 500 shares during the last quarter. Oxinas Partners Wealth Management LLC acquired a new stake in iShares Semiconductor ETF during the first quarter worth about $526,000. Woodmont Investment Counsel LLC increased its position in iShares Semiconductor ETF by 199.8% during the first quarter. Woodmont Investment Counsel LLC now owns 35,850 shares of the exchange traded fund’s stock worth $8,099,000 after purchasing an additional 23,894 shares during the last quarter. Steele Capital Management Inc. increased its position in shares of iShares Semiconductor ETF by 237.5% during the first quarter. Steele Capital Management Inc. now owns 5,302 shares of the exchange traded fund’s stock valued at $1,198,000 after acquiring an additional 3,731 shares during the last quarter. Finally, O ROURKE & COMPANY Inc acquired a new stake in shares of iShares Semiconductor ETF during the first quarter valued at about $268,000.

iShares Semiconductor ETF Stock Up 1.6 %

Shares of SOXX traded up $4.04 during trading on Wednesday, reaching $254.13. 860,400 shares of the company traded hands, compared to its average volume of 3,626,627. iShares Semiconductor ETF has a twelve month low of $144.40 and a twelve month high of $260.65. The stock has a market cap of $14.70 billion, a PE ratio of 10.60 and a beta of 1.34. The stock has a 50-day simple moving average of $234.56 and a 200-day simple moving average of $217.00.

iShares Semiconductor ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.3103 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date was Tuesday, June 11th.

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).