Valley Wealth Managers Inc. Acquires 1,281 Shares of iShares Semiconductor ETF $SOXX

Valley Wealth Managers Inc. grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXXFree Report) by 12.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,458 shares of the exchange traded fund’s stock after purchasing an additional 1,281 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares Semiconductor ETF were worth $3,766,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Bison Wealth LLC bought a new stake in iShares Semiconductor ETF during the 4th quarter valued at about $201,000. AQR Capital Management LLC increased its position in shares of iShares Semiconductor ETF by 83.9% during the first quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after acquiring an additional 1,021 shares during the period. Schnieders Capital Management LLC. increased its position in shares of iShares Semiconductor ETF by 102.6% during the second quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock worth $834,000 after acquiring an additional 1,770 shares during the period. Amundi bought a new stake in shares of iShares Semiconductor ETF during the second quarter valued at approximately $831,000. Finally, Cerity Partners LLC raised its stake in shares of iShares Semiconductor ETF by 9.0% during the second quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after acquiring an additional 482 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $521.81 on Friday. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95. The firm has a market capitalization of $42.24 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The stock has a 50 day moving average price of $570.18 and a 200 day moving average price of $434.16.

iShares Semiconductor ETF Increases Dividend

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

iShares Semiconductor ETF Company 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.

Further Reading

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

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