Keel Point LLC Grows Stock Holdings in iShares Semiconductor ETF $SOXX

Keel Point LLC grew its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 436.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,778 shares of the exchange traded fund’s stock after acquiring an additional 4,700 shares during the period. Keel Point LLC’s holdings in iShares Semiconductor ETF were worth $1,899,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Glenmede Trust Co. NA increased its position in shares of iShares Semiconductor ETF by 8.0% during the first quarter. Glenmede Trust Co. NA now owns 1,960 shares of the exchange traded fund’s stock worth $644,000 after acquiring an additional 145 shares during the period. Western Wealth Management LLC grew its stake in iShares Semiconductor ETF by 4.7% in the first quarter. Western Wealth Management LLC now owns 5,840 shares of the exchange traded fund’s stock worth $1,919,000 after purchasing an additional 261 shares in the last quarter. Sonoma Allocations LLC bought a new position in iShares Semiconductor ETF in the first quarter worth approximately $366,000. Bank of America Corp DE increased its holdings 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 during the period. Finally, Ashton Thomas Securities LLC purchased a new position in iShares Semiconductor ETF during the 1st quarter worth $2,439,000.

iShares Semiconductor ETF Trading Up 0.1%

Shares of SOXX stock opened at $504.89 on Friday. iShares Semiconductor ETF has a twelve month low of $232.33 and a twelve month high of $655.95. The stock has a market capitalization of $44.86 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The stock has a fifty day simple moving average of $570.20 and a two-hundred day simple moving average of $448.47.

iShares Semiconductor ETF Increases Dividend

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