Dala Group LLC Buys New Stake in iShares Semiconductor ETF $SOXX

Dala Group LLC bought a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 14,777 shares of the exchange traded fund’s stock, valued at approximately $4,854,000. iShares Semiconductor ETF comprises about 4.1% of Dala Group LLC’s holdings, making the stock its 6th biggest position.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE increased its position in iShares Semiconductor ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock worth $1,023,867,000 after purchasing an additional 538,125 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after purchasing an additional 941,363 shares in the last quarter. Morgan Stanley lifted its holdings in iShares Semiconductor ETF by 30.0% in the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after purchasing an additional 547,109 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Semiconductor ETF by 1.7% in the 4th quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after purchasing an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of iShares Semiconductor ETF by 14.4% during the 4th quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock worth $290,207,000 after purchasing an additional 121,561 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $504.89 on Friday. The company has a market cap of $44.86 billion, a PE ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a 12 month low of $232.33 and a 12 month high of $655.95. The company has a 50-day simple moving average of $570.20 and a 200-day simple moving average of $448.47.

iShares Semiconductor ETF Increases Dividend

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

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). 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.