NWF Advisory Services Inc. Invests $1.06 Million in iShares Semiconductor ETF $SOXX

NWF Advisory Services Inc. acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,662 shares of the exchange traded fund’s stock, valued at approximately $1,065,000.

Other institutional investors also recently added to or reduced their stakes in the company. Bison Wealth LLC bought a new position in iShares Semiconductor ETF in the fourth quarter worth about $201,000. AQR Capital Management LLC boosted its holdings in shares of iShares Semiconductor ETF by 83.9% in the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock valued at $421,000 after buying an additional 1,021 shares in the last quarter. Schnieders Capital Management LLC. grew its position in shares of iShares Semiconductor ETF by 102.6% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock worth $834,000 after buying an additional 1,770 shares during the last quarter. Amundi purchased a new position in shares of iShares Semiconductor ETF in the 2nd quarter worth approximately $831,000. Finally, Cerity Partners LLC raised its stake in shares of iShares Semiconductor ETF by 9.0% during the 2nd quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock worth $1,389,000 after acquiring an additional 482 shares in the last quarter.

iShares Semiconductor ETF Stock Up 0.2%

NASDAQ SOXX opened at $502.20 on Friday. iShares Semiconductor ETF has a 52 week low of $238.75 and a 52 week high of $655.95. The company has a 50 day moving average price of $539.22 and a 200 day moving average price of $479.56. The firm has a market cap of $45.02 billion, a PE ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are scheduled to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be issued to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, June 15th. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%.

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.