Corrado Advisors LLC Grows Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Corrado Advisors LLC boosted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 10.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,602 shares of the exchange traded fund’s stock after buying an additional 728 shares during the period. Corrado Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,431,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Savvy Advisors Inc. grew its holdings in shares of iShares Semiconductor ETF by 1.1% during the fourth quarter. Savvy Advisors Inc. now owns 4,261 shares of the exchange traded fund’s stock worth $918,000 after buying an additional 46 shares during the last quarter. First Heartland Consultants Inc. grew its stake in shares of iShares Semiconductor ETF by 1.7% in the 4th quarter. First Heartland Consultants Inc. now owns 3,248 shares of the exchange traded fund’s stock valued at $700,000 after purchasing an additional 55 shares during the last quarter. Money Concepts Capital Corp increased its holdings in shares of iShares Semiconductor ETF by 0.5% in the first quarter. Money Concepts Capital Corp now owns 11,090 shares of the exchange traded fund’s stock valued at $2,087,000 after purchasing an additional 58 shares during the period. Physician Wealth Advisors Inc. raised its stake in shares of iShares Semiconductor ETF by 5.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 1,078 shares of the exchange traded fund’s stock worth $232,000 after purchasing an additional 59 shares during the last quarter. Finally, Roxbury Financial LLC raised its stake in shares of iShares Semiconductor ETF by 26.2% during the first quarter. Roxbury Financial LLC now owns 313 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 65 shares during the last quarter.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $246.17 on Monday. The firm has a market cap of $13.95 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. The firm’s fifty day moving average price is $220.28 and its 200 day moving average price is $209.19. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $263.63.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a $0.4833 dividend. This represents a $1.93 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Monday, June 16th. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.31.

iShares Semiconductor ETF Company 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).