Sunbelt Securities Inc. Has $2.53 Million Stock Position in iShares Semiconductor ETF $SOXX

Sunbelt Securities Inc. grew its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 44.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,705 shares of the exchange traded fund’s stock after purchasing an additional 2,356 shares during the period. Sunbelt Securities Inc.’s holdings in iShares Semiconductor ETF were worth $2,532,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Gould Capital LLC lifted its position in shares of iShares Semiconductor ETF by 39.2% during the 1st quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 31 shares during the period. Royal Bank of Canada boosted its stake in iShares Semiconductor ETF by 28.3% in the 1st quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock valued at $142,437,000 after buying an additional 95,669 shares in the last quarter. Quantinno Capital Management LP grew its position in iShares Semiconductor ETF by 20.8% in the first quarter. Quantinno Capital Management LP now owns 15,060 shares of the exchange traded fund’s stock valued at $4,950,000 after acquiring an additional 2,590 shares during the period. Matrix Private Capital Group LLC bought a new stake in iShares Semiconductor ETF in the first quarter valued at $178,000. Finally, Waverly Advisors LLC grew its position in iShares Semiconductor ETF by 1.0% in the first quarter. Waverly Advisors LLC now owns 3,601 shares of the exchange traded fund’s stock valued at $1,184,000 after acquiring an additional 36 shares during the period.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $491.46 on Wednesday. The firm has a market capitalization of $40.67 billion, a P/E ratio of 31.84 and a beta of 1.77. The stock has a fifty day moving average price of $572.36 and a two-hundred day moving average price of $445.81. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95.

iShares Semiconductor ETF Increases Dividend

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

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.