963 Shares in iShares Semiconductor ETF $SOXX Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 963 shares of the exchange traded fund’s stock, valued at approximately $230,000.

Other hedge funds have also recently bought and sold shares of the company. GFG Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the second quarter valued at approximately $32,000. Crews Bank & Trust boosted its stake in iShares Semiconductor ETF by 1,666.7% in the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 150 shares during the period. Hopwood Financial Services Inc. grew its holdings in iShares Semiconductor ETF by 50.0% in the 1st quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 70 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new position in iShares Semiconductor ETF in the 2nd quarter valued at $59,000. Finally, Huntington National Bank increased its position in iShares Semiconductor ETF by 38,200.0% during the 2nd quarter. Huntington National Bank now owns 383 shares of the exchange traded fund’s stock worth $91,000 after buying an additional 382 shares during the period.

iShares Semiconductor ETF Stock Performance

SOXX opened at $294.38 on Monday. The stock has a fifty day moving average of $277.10 and a 200-day moving average of $244.22. The company has a market capitalization of $15.73 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $312.79.

iShares Semiconductor ETF Increases Dividend

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

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).