HighTower Advisors LLC decreased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 8.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 108,888 shares of the exchange traded fund’s stock after selling 9,632 shares during the period. HighTower Advisors LLC owned approximately 0.12% of iShares Semiconductor ETF worth $69,771,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its holdings in shares of iShares Semiconductor ETF by 47.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after acquiring an additional 941,363 shares in the last quarter. Oasis Management Co Ltd. raised its holdings in iShares Semiconductor ETF by 100.4% during the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 804,400 shares in the last quarter. Morgan Stanley raised its holdings in iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after purchasing an additional 547,109 shares in the last quarter. Bank of America Corp DE lifted its position in iShares Semiconductor ETF by 20.9% in the first quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock worth $1,023,867,000 after purchasing an additional 538,125 shares during the period. Finally, Bank of Nova Scotia boosted its stake in 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 purchasing an additional 443,030 shares in the last quarter.
iShares Semiconductor ETF Stock Performance
Shares of SOXX stock opened at $519.86 on Tuesday. iShares Semiconductor ETF has a 1 year low of $244.13 and a 1 year high of $655.95. The stock has a market cap of $46.61 billion, a PE ratio of 31.84 and a beta of 1.80. The business’s fifty day moving average is $535.93 and its 200-day moving average is $481.89.
iShares Semiconductor ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%.
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.
Featured Articles
- Five stocks we like better than iShares Semiconductor ETF
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for iShares Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
