Cornerstone Planning LLC Takes $342,000 Position in iShares Semiconductor ETF $SOXX

Cornerstone Planning LLC purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,137 shares of the exchange traded fund’s stock, valued at approximately $342,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bison Wealth LLC purchased a new stake in iShares Semiconductor ETF during the fourth quarter worth $201,000. AQR Capital Management LLC raised its position 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 worth $421,000 after acquiring an additional 1,021 shares in the last quarter. Schnieders Capital Management LLC. raised 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 acquiring an additional 1,770 shares in the last quarter. Amundi purchased a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth $831,000. Finally, Cerity Partners LLC lifted 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 purchasing an additional 482 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of SOXX stock opened at $639.45 on Friday. The stock’s 50-day moving average is $512.46 and its 200 day moving average is $395.19. iShares Semiconductor ETF has a 1-year low of $221.86 and a 1-year high of $644.43. The company has a market cap of $41.44 billion, a P/E ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders 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 positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 annualized dividend and a dividend yield of 0.2%.

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). 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.