Spreng Capital Management Inc. Sells 330 Shares of iShares Semiconductor ETF $SOXX

Spreng Capital Management Inc. lessened its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 26.5% during the second quarter, Holdings Channel reports. The firm owned 916 shares of the exchange traded fund’s stock after selling 330 shares during the period. Spreng Capital Management Inc.’s holdings in iShares Semiconductor ETF were worth $219,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. CWM LLC lifted its holdings in iShares Semiconductor ETF by 1.0% during the second quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock worth $1,157,000 after acquiring an additional 49 shares during the period. RB Capital Management LLC lifted its holdings in iShares Semiconductor ETF by 2.7% during the second 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 during the period. Signature Estate & Investment Advisors LLC lifted its holdings in iShares Semiconductor ETF by 4.7% during the first 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 during the period. Money Concepts Capital Corp lifted its holdings in iShares Semiconductor ETF by 0.5% during the first 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 during the period. Finally, AE Wealth Management LLC lifted its holdings in iShares Semiconductor ETF by 1.5% during the first 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 during the period.

iShares Semiconductor ETF Trading Down 0.3%

Shares of iShares Semiconductor ETF stock opened at $288.17 on Friday. The business’s fifty day simple moving average is $261.89 and its 200 day simple moving average is $229.44. The firm has a market capitalization of $14.64 billion, a P/E ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $292.51.

iShares Semiconductor ETF Increases Dividend

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

iShares Semiconductor ETF Company 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).