17,638 Shares in iShares Semiconductor ETF $SOXX Purchased by Independent Financial Group LLC

Independent Financial Group LLC acquired a new stake in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,638 shares of the exchange traded fund’s stock, valued at approximately $5,797,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bison Wealth LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $201,000. AQR Capital Management LLC increased its stake in shares of iShares Semiconductor ETF by 83.9% during the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after purchasing an additional 1,021 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of iShares Semiconductor ETF by 102.6% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock worth $834,000 after purchasing an additional 1,770 shares during the last quarter. Amundi acquired a new position in shares of iShares Semiconductor ETF during the 2nd quarter worth approximately $831,000. Finally, Cerity Partners LLC lifted its stake in iShares Semiconductor ETF by 9.0% in the 2nd quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after buying an additional 482 shares in the last quarter.

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iShares Semiconductor ETF Stock Performance

SOXX stock opened at $530.50 on Friday. The stock’s 50 day moving average price is $570.15 and its 200 day moving average price is $433.54. The firm has a market cap of $43.45 billion, a P/E ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a 1 year low of $232.33 and a 1 year high of $655.95.

iShares Semiconductor ETF Increases Dividend

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

About iShares Semiconductor ETF

(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.

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