Raymond James Financial Inc. Has $65.06 Million Holdings in iShares Semiconductor ETF $SOXX

Raymond James Financial Inc. lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 7.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 345,761 shares of the exchange traded fund’s stock after acquiring an additional 22,675 shares during the period. Raymond James Financial Inc.’s holdings in iShares Semiconductor ETF were worth $65,062,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC grew its stake in iShares Semiconductor ETF by 18,717.2% during the first quarter. GAMMA Investing LLC now owns 35,000 shares of the exchange traded fund’s stock worth $6,586,000 after buying an additional 34,814 shares in the last quarter. NBC Securities Inc. acquired a new stake in iShares Semiconductor ETF during the first quarter worth about $47,000. Banque Cantonale Vaudoise acquired a new stake in iShares Semiconductor ETF during the first quarter worth about $2,363,000. Envestnet Asset Management Inc. grew its stake in iShares Semiconductor ETF by 10.0% during the first quarter. Envestnet Asset Management Inc. now owns 129,461 shares of the exchange traded fund’s stock worth $24,361,000 after buying an additional 11,789 shares in the last quarter. Finally, QRG Capital Management Inc. acquired a new stake in iShares Semiconductor ETF during the first quarter worth about $388,000.

iShares Semiconductor ETF Stock Down 0.6%

Shares of iShares Semiconductor ETF stock opened at $243.74 on Thursday. The company has a market capitalization of $13.48 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $255.06. The firm’s 50-day moving average price is $240.56 and its two-hundred day moving average price is $213.55.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a $0.4833 dividend. This represents a $1.93 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, June 16th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.31.

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).