Petix & Botte Co Takes Position in iShares Semiconductor ETF $SOXX

Petix & Botte Co acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 1st quarter, Holdings Channel.com reports. The firm acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $329,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in shares of iShares Semiconductor ETF by 47.9% in 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 acquiring an additional 941,363 shares in the last quarter. Oasis Management Co Ltd. grew its holdings in iShares Semiconductor ETF by 100.4% during the 4th quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after acquiring an additional 804,400 shares in the last quarter. Morgan Stanley increased 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 valued at $713,307,000 after purchasing an additional 547,109 shares during the period. Bank of Nova Scotia raised its holdings in shares of iShares Semiconductor ETF by 5,159.3% in the 4th quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock valued at $136,005,000 after purchasing an additional 443,030 shares in the last quarter. Finally, Quadrature Capital Ltd lifted its position in shares of iShares Semiconductor ETF by 6,111.9% in the 3rd quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock worth $71,772,000 after purchasing an additional 260,365 shares during the period.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX traded down $0.36 during trading hours on Friday, reaching $581.34. The company’s stock had a trading volume of 5,843,913 shares, compared to its average volume of 8,279,269. The stock has a 50 day moving average price of $564.87 and a two-hundred day moving average price of $425.75. The company has a market capitalization of $48.80 billion, a P/E ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a 12 month low of $232.33 and a 12 month high of $655.95.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.2827 per share. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%.

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.