OVERSEA CHINESE BANKING Corp Ltd Sells 3,230 Shares of iShares Semiconductor ETF $SOXX

OVERSEA CHINESE BANKING Corp Ltd lowered its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 23.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 10,353 shares of the exchange traded fund’s stock after selling 3,230 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Semiconductor ETF were worth $2,471,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bison Wealth LLC purchased a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $201,000. Mirae Asset Global Investments Co. Ltd. increased its stake in iShares Semiconductor ETF by 108.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 39,128 shares of the exchange traded fund’s stock worth $7,383,000 after purchasing an additional 20,346 shares during the period. Sovran Advisors LLC increased its stake in iShares Semiconductor ETF by 70.5% in the 1st quarter. Sovran Advisors LLC now owns 3,600 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 1,488 shares during the period. Tradewinds Capital Management LLC increased its stake in iShares Semiconductor ETF by 2,600.0% in the 1st 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 period. Finally, Spinnaker Trust increased its stake in iShares Semiconductor ETF by 5.5% in the 1st quarter. Spinnaker Trust now owns 25,473 shares of the exchange traded fund’s stock worth $4,793,000 after purchasing an additional 1,325 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $304.08 on Tuesday. The business’s 50 day simple moving average is $267.12 and its two-hundred day simple moving average is $235.40. The stock has a market capitalization of $16.07 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a one year low of $148.31 and a one year high of $305.01.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $0.5407 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.16 dividend on an annualized basis and a yield of 0.7%.

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).