Ibex Wealth Advisors Acquires New Position in iShares Semiconductor ETF $SOXX

Ibex Wealth Advisors bought a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, Holdings Channel reports. The firm bought 6,429 shares of the exchange traded fund’s stock, valued at approximately $1,535,000.

Other large investors also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its holdings in shares of iShares Semiconductor ETF by 220.2% in the first quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after buying an additional 665,867 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Semiconductor ETF by 7.3% during the first quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock valued at $158,815,000 after buying an additional 57,350 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of iShares Semiconductor ETF by 4,151.3% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock valued at $71,516,000 after buying an additional 371,122 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Semiconductor ETF by 7.0% in the 1st quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock valued at $65,062,000 after acquiring an additional 22,675 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in iShares Semiconductor ETF by 1.8% in the 1st quarter. Ameriprise Financial Inc. now owns 284,042 shares of the exchange traded fund’s stock worth $53,444,000 after acquiring an additional 5,107 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $294.38 on Monday. The stock has a 50-day moving average of $277.10 and a two-hundred day moving average of $244.22. iShares Semiconductor ETF has a one year low of $148.31 and a one year high of $312.79. The stock has a market cap of $15.73 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $0.5407 dividend. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 annualized dividend and a dividend yield of 0.7%.

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).