iShares Semiconductor ETF $SOXX Stake Increased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 90.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,897 shares of the exchange traded fund’s stock after buying an additional 2,800 shares during the period. Union Bancaire Privee UBP SA’s holdings in iShares Semiconductor ETF were worth $1,827,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Goldman Sachs Group Inc. raised its position in iShares Semiconductor ETF by 47.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after buying an additional 941,363 shares during the period. Morgan Stanley boosted its position in iShares Semiconductor ETF by 30.0% during the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after acquiring an additional 547,109 shares during the period. Bank of America Corp DE grew its stake in iShares Semiconductor ETF by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after acquiring an additional 159,203 shares in the last quarter. LPL Financial LLC grew its stake in iShares Semiconductor ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after acquiring an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of iShares Semiconductor ETF by 14.4% in the 4th quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock valued at $290,207,000 after purchasing an additional 121,561 shares during the period.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $589.94 on Friday. The company has a 50 day simple moving average of $534.73 and a 200-day simple moving average of $406.03. The firm has a market capitalization of $38.23 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95.

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 paid a $0.2827 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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). 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.