5,420 Shares in iShares Semiconductor ETF $SOXX Bought by Moran Wealth Management LLC

Moran Wealth Management LLC purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,420 shares of the exchange traded fund’s stock, valued at approximately $1,781,000.

Other hedge funds also recently bought and sold shares of the company. BOKF NA purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter valued at about $30,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter worth about $32,000. Wealth Watch Advisors INC increased its stake in shares of iShares Semiconductor ETF by 278.6% during the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 78 shares during the period. Strategic Advocates LLC purchased a new stake in shares of iShares Semiconductor ETF during the third quarter worth approximately $35,000. Finally, SHP Wealth Management acquired a new stake in iShares Semiconductor ETF in the fourth quarter valued at approximately $38,000.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $566.32 on Monday. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95. The company has a 50 day moving average of $552.64 and a 200 day moving average of $416.88. The company has a market capitalization of $40.55 billion, a P/E ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2827 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, June 15th. This is a positive change 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.