Commonwealth Financial Services LLC Sells 1,859 Shares of iShares Semiconductor ETF $SOXX

Commonwealth Financial Services LLC trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 10.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,342 shares of the exchange traded fund’s stock after selling 1,859 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares Semiconductor ETF were worth $5,371,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SOXX. Goldman Sachs Group Inc. lifted 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 valued at $874,732,000 after buying an additional 941,363 shares during the period. Morgan Stanley grew its position in shares of 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 worth $713,307,000 after buying an additional 547,109 shares during the period. Bank of America Corp DE increased its stake 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 worth $562,835,000 after acquiring an additional 159,203 shares in the last quarter. LPL Financial LLC increased its stake in shares of 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 worth $313,733,000 after acquiring an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of iShares Semiconductor ETF by 14.4% in the 4th quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock worth $290,207,000 after acquiring an additional 121,561 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $521.81 on Monday. iShares Semiconductor ETF has a 1 year low of $232.33 and a 1 year high of $655.95. The firm has a 50-day moving average of $570.18 and a 200 day moving average of $435.06. The stock has a market cap of $42.24 billion, a P/E ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

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