Conservest Capital Advisors Inc. Decreases Stock Holdings in iShares Semiconductor ETF $SOXX

Conservest Capital Advisors Inc. trimmed its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 45.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,303 shares of the exchange traded fund’s stock after selling 1,947 shares during the period. Conservest Capital Advisors Inc.’s holdings in iShares Semiconductor ETF were worth $550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Tradewinds Capital Management LLC raised its holdings in shares of iShares Semiconductor ETF by 2,600.0% during the 1st quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 156 shares in the last quarter. GFG Capital LLC purchased a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth approximately $32,000. Crews Bank & Trust raised its holdings in shares of iShares Semiconductor ETF by 1,666.7% during the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 150 shares in the last quarter. Hopwood Financial Services Inc. raised its holdings in shares of iShares Semiconductor ETF by 50.0% during the 1st quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 70 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth approximately $59,000.

iShares Semiconductor ETF Stock Performance

NASDAQ SOXX opened at $295.86 on Friday. The company has a market cap of $15.65 billion, a P/E ratio of 31.84 and a beta of 1.34. The business’s 50 day moving average price is $266.02 and its 200-day moving average price is $234.02. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $298.22.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.5407 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.16 annualized dividend and a dividend yield of 0.7%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).