iShares Semiconductor ETF $SOXX Shares Purchased by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 15.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,949 shares of the exchange traded fund’s stock after buying an additional 536 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $943,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SOXX. BNP Paribas Financial Markets grew its stake in shares of iShares Semiconductor ETF by 220.2% in the 1st quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after purchasing an additional 665,867 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of iShares Semiconductor ETF by 4,151.3% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after purchasing an additional 371,122 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Semiconductor ETF by 7.3% in the 1st quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after purchasing an additional 57,350 shares during the last quarter. Avondale Wealth Management grew its stake 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 worth $10,693,000 after purchasing an additional 37,671 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake 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 last quarter.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $308.38 on Tuesday. The firm’s 50 day moving average is $273.23 and its 200-day moving average is $240.51. The stock has a market capitalization of $16.34 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $312.79.

iShares Semiconductor ETF Increases Dividend

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

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).