iShares Semiconductor ETF $SOXX Shares Acquired by IFP Advisors Inc

IFP Advisors Inc lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 26.4% during the 4th quarter, Holdings Channel reports. The fund owned 18,166 shares of the exchange traded fund’s stock after buying an additional 3,798 shares during the quarter. IFP Advisors Inc’s holdings in iShares Semiconductor ETF were worth $5,471,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SOXX. Foundations Investment Advisors LLC boosted its position in shares of iShares Semiconductor ETF by 27,470.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock valued at $89,700,000 after acquiring an additional 329,650 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of iShares Semiconductor ETF by 3,068.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 271,415 shares of the exchange traded fund’s stock valued at $73,586,000 after acquiring an additional 262,850 shares during the last quarter. Quadrature Capital Ltd grew its stake in shares of iShares Semiconductor ETF by 6,111.9% in the 3rd quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock valued at $71,772,000 after buying an additional 260,365 shares during the period. Bank of America Corp DE grew its stake in shares of iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after buying an additional 159,203 shares during the period. Finally, Barclays PLC grew its stake in shares of iShares Semiconductor ETF by 80.7% in the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock valued at $88,424,000 after buying an additional 145,698 shares during the period.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $520.31 on Thursday. The firm has a 50 day simple moving average of $406.35 and a 200-day simple moving average of $351.35. iShares Semiconductor ETF has a 1-year low of $199.93 and a 1-year high of $533.74. The stock has a market cap of $33.72 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.2079 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend 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.