Anchor Investment Management LLC lowered its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 19.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,267 shares of the exchange traded fund’s stock after selling 3,404 shares during the quarter. Anchor Investment Management LLC’s holdings in iShares Semiconductor ETF were worth $9,142,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in SOXX. Sequoia Financial Advisors LLC raised its position in iShares Semiconductor ETF by 4.3% during the second quarter. Sequoia Financial Advisors LLC now owns 2,221 shares of the exchange traded fund’s stock valued at $1,423,000 after purchasing an additional 92 shares during the period. Capital Analysts LLC boosted its holdings in shares of iShares Semiconductor ETF by 106.9% in the 2nd quarter. Capital Analysts LLC now owns 780 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 403 shares during the period. Summit Financial Strategies Inc. bought a new position in shares of iShares Semiconductor ETF during the 2nd quarter valued at approximately $313,000. Insight Wealth Partners LLC increased its position in shares of iShares Semiconductor ETF by 3.7% during the 2nd quarter. Insight Wealth Partners LLC now owns 8,117 shares of the exchange traded fund’s stock valued at $5,201,000 after purchasing an additional 289 shares during the last quarter. Finally, Teamwork Financial Advisors LLC purchased a new stake in iShares Semiconductor ETF during the 2nd quarter valued at $252,000.
iShares Semiconductor ETF Stock Up 0.3%
SOXX traded up $1.45 during trading on Tuesday, reaching $498.85. The company had a trading volume of 5,999,627 shares, compared to its average volume of 8,395,312. The stock has a market cap of $44.72 billion, a P/E ratio of 31.84 and a beta of 1.80. The business has a 50 day simple moving average of $528.88 and a 200-day simple moving average of $487.60. iShares Semiconductor ETF has a 52 week low of $254.83 and a 52 week high of $655.95.
iShares Semiconductor ETF Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th will be paid a $0.325 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.28. This represents a $1.30 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, September 15th.
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). 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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