Prime Capital Investment Advisors LLC Lowers Stock Position in iShares Semiconductor ETF $SOXX

Prime Capital Investment Advisors LLC cut its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 24.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,996 shares of the exchange traded fund’s stock after selling 3,270 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $2,386,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in iShares Semiconductor ETF in the 1st quarter valued at $30,000. Crews Bank & Trust grew its position in iShares Semiconductor ETF by 1,666.7% in the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 150 shares during the last quarter. Tradewinds Capital Management LLC grew its position in iShares Semiconductor ETF by 2,600.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 156 shares during the last quarter. Hopwood Financial Services Inc. grew its position in iShares Semiconductor ETF by 50.0% in the 1st quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 70 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new position in iShares Semiconductor ETF in the 2nd quarter valued at $59,000.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $281.91 on Wednesday. The firm’s fifty day moving average price is $254.75 and its 200 day moving average price is $224.97. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $292.51. The firm has a market cap of $15.42 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a $0.5407 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 0.8%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, September 16th.

iShares Semiconductor ETF 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).