Intellectus Partners LLC Acquires 1,756 Shares of iShares Semiconductor ETF $SOXX

Intellectus Partners LLC grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 28.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,986 shares of the exchange traded fund’s stock after buying an additional 1,756 shares during the period. Intellectus Partners LLC’s holdings in iShares Semiconductor ETF were worth $1,906,000 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. BNP Paribas Financial Markets raised its stake in iShares Semiconductor ETF by 220.2% in the 1st quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock valued at $182,198,000 after acquiring an additional 665,867 shares during the period. LPL Financial LLC boosted its position in iShares Semiconductor ETF by 7.3% during the first quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after purchasing an additional 57,350 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of iShares Semiconductor ETF by 4,151.3% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock valued at $71,516,000 after purchasing an additional 371,122 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Semiconductor ETF by 7.0% in the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock valued at $65,062,000 after purchasing an additional 22,675 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of iShares Semiconductor ETF by 1.8% in the first quarter. Ameriprise Financial Inc. now owns 284,042 shares of the exchange traded fund’s stock valued at $53,444,000 after purchasing an additional 5,107 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $306.55 on Monday. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $312.79. The company has a market capitalization of $16.25 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. The company has a 50-day simple moving average of $272.04 and a 200 day simple moving average of $239.52.

iShares Semiconductor ETF Increases Dividend

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

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).