Conservest Capital Advisors Inc. Grows Holdings in iShares Semiconductor ETF $SOXX

Conservest Capital Advisors Inc. lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXXFree Report) by 454.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 14,162 shares of the exchange traded fund’s stock after acquiring an additional 11,607 shares during the quarter. iShares Semiconductor ETF accounts for 0.4% of Conservest Capital Advisors Inc.’s investment portfolio, making the stock its 29th largest position. Conservest Capital Advisors Inc.’s holdings in iShares Semiconductor ETF were worth $4,654,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. IAG Wealth Partners LLC increased its holdings in iShares Semiconductor ETF by 5.7% in the 1st quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock valued at $152,000 after purchasing an additional 25 shares during the last quarter. Laurel Oak Wealth Management LLC lifted its stake in iShares Semiconductor ETF by 0.3% during the first quarter. Laurel Oak Wealth Management LLC now owns 10,226 shares of the exchange traded fund’s stock worth $3,361,000 after purchasing an additional 26 shares in the last quarter. Lodestar Private Asset Management LLC lifted its stake in iShares Semiconductor ETF by 1.3% during the first quarter. Lodestar Private Asset Management LLC now owns 2,006 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 26 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of iShares Semiconductor ETF by 2.0% during the fourth quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock worth $486,000 after buying an additional 31 shares during the period. Finally, Pathway Financial Advisers LLC boosted its position in shares of iShares Semiconductor ETF by 1.6% during the first quarter. Pathway Financial Advisers LLC now owns 2,135 shares of the exchange traded fund’s stock worth $702,000 after buying an additional 33 shares during the period.

iShares Semiconductor ETF Trading Up 2.6%

Shares of NASDAQ SOXX opened at $567.92 on Wednesday. iShares Semiconductor ETF has a twelve month low of $232.33 and a twelve month high of $655.95. The stock has a fifty day simple moving average of $568.41 and a 200-day simple moving average of $430.20. The stock has a market capitalization of $46.51 billion, a PE ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2827 per share. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%.

iShares Semiconductor ETF Profile

(Free Report)

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.

See Also

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Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

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