iShares Semiconductor ETF $SOXX Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC reduced its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 3.2% during the 2nd quarter, Holdings Channel reports. The firm owned 1,523 shares of the exchange traded fund’s stock after selling 50 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $363,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SOXX. Banque Cantonale Vaudoise acquired a new position in iShares Semiconductor ETF in the 1st quarter valued at $2,363,000. Apollon Wealth Management LLC grew its holdings in shares of iShares Semiconductor ETF by 1.1% during the second quarter. Apollon Wealth Management LLC now owns 10,944 shares of the exchange traded fund’s stock worth $2,612,000 after buying an additional 120 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Semiconductor ETF by 10.0% in the first quarter. Envestnet Asset Management Inc. now owns 129,461 shares of the exchange traded fund’s stock valued at $24,361,000 after buying an additional 11,789 shares during the last quarter. Grandview Asset Management LLC acquired a new stake in shares of iShares Semiconductor ETF in the second quarter valued at about $1,070,000. Finally, RoundAngle Advisors LLC raised its position in shares of iShares Semiconductor ETF by 3.4% in the second quarter. RoundAngle Advisors LLC now owns 4,329 shares of the exchange traded fund’s stock valued at $1,033,000 after buying an additional 144 shares during the last quarter.

iShares Semiconductor ETF Stock Down 0.3%

Shares of NASDAQ SOXX opened at $288.17 on Friday. The firm has a 50-day simple moving average of $261.89 and a 200-day simple moving average of $229.73. The stock has a market capitalization of $15.26 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $292.51.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a $0.5407 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date was Tuesday, September 16th.

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).