Private Advisor Group LLC Buys 2,009 Shares of iShares Semiconductor ETF $SOXX

Private Advisor Group LLC raised its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,219 shares of the exchange traded fund’s stock after acquiring an additional 2,009 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Semiconductor ETF were worth $12,890,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Goldman Sachs Group Inc. raised its position in iShares Semiconductor ETF by 47.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after acquiring an additional 941,363 shares in the last quarter. Morgan Stanley lifted its position in iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after purchasing an additional 547,109 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after purchasing an additional 159,203 shares in the last quarter. LPL Financial LLC grew its position in iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after acquiring an additional 17,038 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in 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 in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $566.32 on Friday. The business has a 50-day simple moving average of $552.64 and a two-hundred day simple moving average of $416.05. 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 $40.55 billion, a PE ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders 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 of this dividend was Monday, June 15th.

iShares Semiconductor ETF Company 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.