Continental Investors Services Inc. Sells 197 Shares of iShares Semiconductor ETF $SOXX

Continental Investors Services Inc. decreased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 11.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,482 shares of the exchange traded fund’s stock after selling 197 shares during the quarter. Continental Investors Services Inc.’s holdings in iShares Semiconductor ETF were worth $354,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SOXX. BNP Paribas Financial Markets raised its holdings in shares of iShares Semiconductor ETF by 220.2% in 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 position in iShares Semiconductor ETF by 4,151.3% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock valued at $71,516,000 after purchasing an additional 371,122 shares during the period. LPL Financial LLC increased its position in iShares Semiconductor ETF by 7.3% during the 1st quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock valued at $158,815,000 after purchasing an additional 57,350 shares during the period. Avondale Wealth Management raised its holdings in shares of iShares Semiconductor ETF by 528.7% in the 2nd quarter. Avondale Wealth Management now owns 44,796 shares of the exchange traded fund’s stock valued at $10,693,000 after purchasing an additional 37,671 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares Semiconductor ETF by 27.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 165,116 shares of the exchange traded fund’s stock worth $39,413,000 after purchasing an additional 35,655 shares during the period.

iShares Semiconductor ETF Stock Performance

NASDAQ SOXX opened at $306.55 on Friday. The company has a market cap of $16.46 billion, a PE ratio of 31.84 and a beta of 1.51. The firm’s 50 day moving average price is $272.04 and its 200-day moving average price is $238.62. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $312.79.

iShares Semiconductor ETF Increases Dividend

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

iShares Semiconductor ETF Company 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).