Lionshead Wealth Management LLC Purchases New Holdings in iShares Semiconductor ETF $SOXX

Lionshead Wealth Management LLC purchased a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 4,360 shares of the exchange traded fund’s stock, valued at approximately $820,000.

A number of other large investors also recently bought and sold shares of the business. LPL Financial LLC lifted its position in iShares Semiconductor ETF by 7.3% during the 1st quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock valued at $158,815,000 after acquiring an additional 57,350 shares during the period. Royal Bank of Canada raised its holdings in iShares Semiconductor ETF by 9.7% in the fourth quarter. Royal Bank of Canada now owns 445,806 shares of the exchange traded fund’s stock worth $96,068,000 after buying an additional 39,604 shares during the last quarter. D. E. Shaw & Co. Inc. purchased a new position in iShares Semiconductor ETF in the fourth quarter worth about $95,496,000. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in iShares Semiconductor ETF by 4,151.3% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after buying an additional 371,122 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in iShares Semiconductor ETF by 7.0% in the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock worth $65,062,000 after buying an additional 22,675 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $249.09 on Friday. The stock has a market capitalization of $13.77 billion, a PE ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $255.06. The company has a 50-day simple moving average of $241.43 and a two-hundred day simple moving average of $213.99.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were issued a $0.4833 dividend. This represents a $1.93 annualized dividend and a yield of 0.8%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 16th.

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).