Montag A & Associates Inc. Has $938,000 Position in iShares Semiconductor ETF $SOXX

Montag A & Associates Inc. cut its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 80.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 3,928 shares of the exchange traded fund’s stock after selling 15,840 shares during the period. Montag A & Associates Inc.’s holdings in iShares Semiconductor ETF were worth $938,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SOXX. GFG Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the second quarter valued at approximately $32,000. Crews Bank & Trust grew its holdings in iShares Semiconductor ETF by 1,666.7% during the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 150 shares during the last quarter. Hopwood Financial Services Inc. increased its position in iShares Semiconductor ETF by 50.0% in the 1st quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 70 shares during the period. Compagnie Lombard Odier SCmA acquired a new position in iShares Semiconductor ETF in the 2nd quarter valued at approximately $59,000. Finally, Huntington National Bank raised its stake in shares of iShares Semiconductor ETF by 38,200.0% during the second quarter. Huntington National Bank now owns 383 shares of the exchange traded fund’s stock valued at $91,000 after acquiring an additional 382 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXX opened at $295.15 on Wednesday. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $312.79. The firm has a market cap of $15.78 billion, a PE ratio of 31.84 and a beta of 1.51. The firm’s fifty day moving average is $279.28 and its 200-day moving average is $245.90.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.5407 per share. This represents a $2.16 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 16th. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).