Hsbc Holdings PLC Takes $1.91 Million Position in iShares Semiconductor ETF $SOXX

Hsbc Holdings PLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,804 shares of the exchange traded fund’s stock, valued at approximately $1,908,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Accredited Investors Inc. boosted its stake in iShares Semiconductor ETF by 5.1% during the 1st quarter. Accredited Investors Inc. now owns 1,072 shares of the exchange traded fund’s stock valued at $352,000 after purchasing an additional 52 shares during the last quarter. First Horizon Corp raised its stake in shares of iShares Semiconductor ETF by 3.2% in the first quarter. First Horizon Corp now owns 2,438 shares of the exchange traded fund’s stock worth $801,000 after purchasing an additional 75 shares during the last quarter. IAG Wealth Partners LLC raised its stake in shares of iShares Semiconductor ETF by 5.7% in the first quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 25 shares during the last quarter. Cvfg LLC lifted its holdings in shares of iShares Semiconductor ETF by 10.5% in the first quarter. Cvfg LLC now owns 2,546 shares of the exchange traded fund’s stock valued at $837,000 after purchasing an additional 241 shares in the last quarter. Finally, Centerpoint Advisory Group bought a new position in shares of iShares Semiconductor ETF in the first quarter valued at approximately $474,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $527.01 on Monday. The business’s 50 day moving average is $572.06 and its 200 day moving average is $443.31. iShares Semiconductor ETF has a 12-month low of $232.33 and a 12-month high of $655.95. The stock has a market cap of $43.61 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

iShares Semiconductor ETF 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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.