SageView Advisory Group LLC Boosts Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

SageView Advisory Group LLC raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 1,044.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,781 shares of the exchange traded fund’s stock after acquiring an additional 13,489 shares during the period. SageView Advisory Group LLC’s holdings in iShares Semiconductor ETF were worth $3,339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXX. Wellington Management Group LLP increased its position in iShares Semiconductor ETF by 62.8% during the 3rd quarter. Wellington Management Group LLP now owns 55,626 shares of the exchange traded fund’s stock worth $26,347,000 after purchasing an additional 21,468 shares during the period. B. Riley Wealth Advisors Inc. increased its position in iShares Semiconductor ETF by 31.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 1,903 shares of the exchange traded fund’s stock worth $905,000 after purchasing an additional 459 shares during the period. Cornerstone Wealth Management LLC acquired a new position in iShares Semiconductor ETF during the 4th quarter worth approximately $249,000. Creative Financial Designs Inc. ADV increased its position in iShares Semiconductor ETF by 995.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,797 shares of the exchange traded fund’s stock worth $1,035,000 after purchasing an additional 1,633 shares during the period. Finally, Dynamic Advisor Solutions LLC acquired a new position in iShares Semiconductor ETF during the 4th quarter worth approximately $4,154,000.

iShares Semiconductor ETF Stock Up 0.3 %

Shares of SOXX traded up $0.73 on Thursday, reaching $243.90. The stock had a trading volume of 5,253,418 shares, compared to its average volume of 3,638,522. The firm has a market capitalization of $15.16 billion, a PE ratio of 10.60 and a beta of 1.34. The firm has a 50-day moving average of $243.89 and a 200 day moving average of $221.94. iShares Semiconductor ETF has a twelve month low of $144.40 and a twelve month high of $267.24.

iShares Semiconductor ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.3103 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend was Tuesday, June 11th.

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).