1,249 Shares in iShares Semiconductor ETF $SOXX Acquired by Quadrant Private Wealth Management LLC

Quadrant Private Wealth Management LLC bought a new stake in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) in the first quarter, HoldingsChannel reports. The fund bought 1,249 shares of the exchange traded fund’s stock, valued at approximately $411,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SOXX. Goldman Sachs Group Inc. raised its stake in iShares Semiconductor ETF by 47.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after purchasing an additional 941,363 shares during the period. Oasis Management Co Ltd. grew its stake in shares of iShares Semiconductor ETF by 100.4% during the 4th quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock valued at $934,000 after buying an additional 804,400 shares during the period. Morgan Stanley grew its stake in shares of iShares Semiconductor ETF by 30.0% during the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after buying an additional 547,109 shares during the period. Bank of Nova Scotia grew its stake in shares of iShares Semiconductor ETF by 5,159.3% during the 4th quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock valued at $136,005,000 after buying an additional 443,030 shares during the period. Finally, Alkeon Capital Management LLC acquired a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth $58,001,000.

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iShares Semiconductor ETF Stock Down 1.6%

SOXX stock opened at $521.81 on Friday. The company has a market cap of $42.24 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The business has a fifty day simple moving average of $570.18 and a 200-day simple moving average of $434.16. iShares Semiconductor ETF has a 52 week low of $232.33 and a 52 week high of $655.95.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.2827 per share. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is a boost 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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