Arkadios Wealth Advisors Cuts Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Arkadios Wealth Advisors cut its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 13.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,627 shares of the exchange traded fund’s stock after selling 260 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Semiconductor ETF were worth $401,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Gerber LLC purchased a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at about $403,000. Twin Focus Capital Partners LLC boosted its position in shares of iShares Semiconductor ETF by 107.6% in the 4th quarter. Twin Focus Capital Partners LLC now owns 2,885 shares of the exchange traded fund’s stock worth $1,662,000 after purchasing an additional 1,495 shares in the last quarter. Optimum Investment Advisors grew its stake in iShares Semiconductor ETF by 56.3% during the 2nd quarter. Optimum Investment Advisors now owns 361 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 130 shares during the last quarter. LRI Investments LLC acquired a new position in iShares Semiconductor ETF during the 1st quarter valued at about $33,000. Finally, Atria Investments Inc boosted its holdings in iShares Semiconductor ETF by 220.1% in the first quarter. Atria Investments Inc now owns 10,509 shares of the exchange traded fund’s stock worth $2,374,000 after acquiring an additional 7,226 shares in the last quarter.

iShares Semiconductor ETF Stock Up 2.0 %

Shares of SOXX traded up $4.49 during mid-day trading on Friday, hitting $229.74. 1,271,757 shares of the company traded hands, compared to its average volume of 3,850,243. The company has a market capitalization of $14.47 billion, a PE ratio of 10.60 and a beta of 1.34. The business has a 50 day moving average of $235.74 and a 200 day moving average of $228.45. iShares Semiconductor ETF has a 1-year low of $144.40 and a 1-year high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.3103 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $1.24 dividend on an annualized basis and a yield of 0.54%.

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).