Delta Investment Management LLC Sells 388 Shares of iShares Semiconductor ETF $SOXX

Delta Investment Management LLC cut its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 19.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,566 shares of the exchange traded fund’s stock after selling 388 shares during the quarter. Delta Investment Management LLC’s holdings in iShares Semiconductor ETF were worth $374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SOXX. BNP Paribas Financial Markets increased its holdings in shares of iShares Semiconductor ETF by 220.2% during the first quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock valued at $182,198,000 after acquiring an additional 665,867 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of iShares Semiconductor ETF by 4,151.3% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock valued at $71,516,000 after acquiring an additional 371,122 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares Semiconductor ETF by 7.3% during the first quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock valued at $158,815,000 after acquiring an additional 57,350 shares in the last quarter. Avondale Wealth Management increased its holdings in shares of iShares Semiconductor ETF by 528.7% during the second quarter. Avondale Wealth Management now owns 44,796 shares of the exchange traded fund’s stock valued at $10,693,000 after acquiring an additional 37,671 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of iShares Semiconductor ETF by 27.5% during the second quarter. Envestnet Asset Management Inc. now owns 165,116 shares of the exchange traded fund’s stock valued at $39,413,000 after acquiring an additional 35,655 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $295.86 on Monday. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $298.22. The business has a fifty day moving average price of $266.02 and a 200-day moving average price of $234.57. The company has a market capitalization of $15.65 billion, a PE ratio of 31.84 and a beta of 1.34.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a $0.5407 dividend. This represents a $2.16 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, September 16th. This is a positive change 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).