Trek Financial LLC Takes Position in iShares Semiconductor ETF $SOXX

Trek Financial LLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 5,015 shares of the exchange traded fund’s stock, valued at approximately $1,197,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Rehmann Capital Advisory Group boosted its holdings in iShares Semiconductor ETF by 2.4% in the second quarter. Rehmann Capital Advisory Group now owns 1,801 shares of the exchange traded fund’s stock worth $430,000 after acquiring an additional 42 shares in the last quarter. Condor Capital Management raised its position in shares of iShares Semiconductor ETF by 0.4% in the 2nd quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock valued at $2,357,000 after purchasing an additional 43 shares during the last quarter. CWM LLC boosted its stake in iShares Semiconductor ETF by 1.0% in the 2nd quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock worth $1,157,000 after purchasing an additional 49 shares in the last quarter. First Horizon Advisors Inc. grew its position in iShares Semiconductor ETF by 1.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,684 shares of the exchange traded fund’s stock worth $880,000 after purchasing an additional 49 shares during the last quarter. Finally, RB Capital Management LLC increased its stake in iShares Semiconductor ETF by 2.7% during the 2nd quarter. RB Capital Management LLC now owns 2,033 shares of the exchange traded fund’s stock valued at $485,000 after purchasing an additional 53 shares in the last quarter.

iShares Semiconductor ETF Trading Up 2.2%

NASDAQ SOXX opened at $309.36 on Thursday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $312.79. The company has a fifty day simple moving average of $289.31 and a two-hundred day simple moving average of $256.32. The stock has a market cap of $16.54 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.5407 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.16 dividend on an annualized basis and a yield of 0.7%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).