Shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) are set to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Wednesday, November 4th.
iShares Semiconductor ETF Stock Performance
NASDAQ SOXX opened at $511.06 on Wednesday. The business’s 50 day moving average price is $530.45 and its 200-day moving average price is $472.24. iShares Semiconductor ETF has a fifty-two week low of $260.44 and a fifty-two week high of $655.95. The company has a market cap of $45.48 billion, a P/E ratio of 31.84 and a beta of 1.80.
iShares Semiconductor ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.3250 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $1.30 annualized dividend and a yield of 0.3%.
Institutional Trading of iShares Semiconductor ETF
Several institutional investors have recently added to or reduced their stakes in the company. Essential Investment Partners LLC purchased a new stake in iShares Semiconductor ETF in the third quarter worth $682,000. BOKF NA lifted its position in iShares Semiconductor ETF by 24,547.1% during the third quarter. BOKF NA now owns 4,190 shares of the exchange traded fund’s stock valued at $2,383,000 after acquiring an additional 4,173 shares during the last quarter. North Star Investment Management Corp. raised its stake in iShares Semiconductor ETF by 3.3% in the third quarter. North Star Investment Management Corp. now owns 1,269 shares of the exchange traded fund’s stock valued at $722,000 after buying an additional 41 shares during the last quarter. Sigma Investment Counselors Inc. lifted its stake in shares of iShares Semiconductor ETF by 22.0% during the third quarter. Sigma Investment Counselors Inc. now owns 833 shares of the exchange traded fund’s stock worth $474,000 after buying an additional 150 shares during the period. Finally, William Mack & Associates Inc. purchased a new position in shares of iShares Semiconductor ETF in the third quarter worth about $27,000.
iShares Semiconductor ETF Company Profile
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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