Valmark Advisers Inc. Purchases Shares of 864 iShares Semiconductor ETF $SOXX

Valmark Advisers Inc. purchased a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 864 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RB Capital Management LLC grew its stake in shares of iShares Semiconductor ETF by 2.7% in the 2nd quarter. RB Capital Management LLC now owns 2,033 shares of the exchange traded fund’s stock worth $485,000 after acquiring an additional 53 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of iShares Semiconductor ETF by 4.7% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 1,194 shares of the exchange traded fund’s stock worth $225,000 after acquiring an additional 54 shares in the last quarter. Money Concepts Capital Corp grew its stake in shares of iShares Semiconductor ETF by 0.5% in the 1st quarter. Money Concepts Capital Corp now owns 11,090 shares of the exchange traded fund’s stock worth $2,087,000 after acquiring an additional 58 shares in the last quarter. AE Wealth Management LLC grew its stake in shares of iShares Semiconductor ETF by 1.5% in the 1st quarter. AE Wealth Management LLC now owns 4,312 shares of the exchange traded fund’s stock worth $811,000 after acquiring an additional 62 shares in the last quarter. Finally, Summit X LLC grew its stake in shares of iShares Semiconductor ETF by 2.2% in the 1st quarter. Summit X LLC now owns 2,871 shares of the exchange traded fund’s stock worth $540,000 after acquiring an additional 63 shares in the last quarter.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $271.99 on Friday. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $292.51. The firm has a market cap of $14.86 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. The company has a fifty day moving average price of $257.32 and a 200-day moving average price of $226.33.

iShares Semiconductor ETF Increases Dividend

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

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).