iShares Semiconductor ETF $SOXX Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 8.1% in the 2nd quarter, Holdings Channel reports. The firm owned 108,888 shares of the exchange traded fund’s stock after selling 9,632 shares during the period. HighTower Advisors LLC’s holdings in iShares Semiconductor ETF were worth $69,771,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SOXX. BOKF NA acquired a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $30,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at $32,000. Wealth Watch Advisors INC lifted its position in shares of iShares Semiconductor ETF by 278.6% during the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 78 shares during the last quarter. Gould Capital LLC boosted its stake 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 acquiring an additional 31 shares in the last quarter. Finally, SHP Wealth Management bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth $38,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $519.86 on Tuesday. The stock’s fifty day simple moving average is $535.93 and its 200 day simple moving average is $481.89. The stock has a market capitalization of $46.61 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52-week low of $244.13 and a 52-week high of $655.95.

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

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. This represents a $1.13 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, June 15th. This is a boost 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.