Moss Adams Wealth Advisors LLC Reduces Stake in iShares Semiconductor ETF $SOXX

Moss Adams Wealth Advisors LLC lowered its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 6.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,923 shares of the exchange traded fund’s stock after selling 897 shares during the period. Moss Adams Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $3,085,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SOXX. Opal Wealth Advisors LLC bought a new stake in iShares Semiconductor ETF in the first quarter worth about $30,000. Tradewinds Capital Management LLC lifted its stake in iShares Semiconductor ETF by 2,600.0% in the first quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 156 shares during the last quarter. Hopwood Financial Services Inc. lifted its stake in iShares Semiconductor ETF by 50.0% in the first quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 70 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in iShares Semiconductor ETF in the second quarter worth about $59,000. Finally, NBC Securities Inc. bought a new stake in iShares Semiconductor ETF in the first quarter worth about $47,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $268.83 on Monday. The company has a market cap of $14.87 billion, a P/E ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $272.13. The firm has a 50-day simple moving average of $249.93 and a two-hundred day simple moving average of $221.20.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.5407 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, September 16th.

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).