iShares Semiconductor ETF $SOXX Stock: Lido Advisors LLC Increases Stake

Lido Advisors LLC raised its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 38.4% in the third quarter, Holdings Channel reports. The firm owned 20,514 shares of the exchange traded fund’s stock after purchasing an additional 5,697 shares during the period. Lido Advisors LLC’s holdings in iShares Semiconductor ETF were worth $11,665,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares Semiconductor ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock worth $1,023,867,000 after purchasing an additional 538,125 shares during the period. Bank of Nova Scotia boosted its holdings in shares of iShares Semiconductor ETF by 88.5% in the 1st quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock worth $279,766,000 after buying an additional 399,612 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth about $216,839,000. Royal Bank of Canada grew its position in iShares Semiconductor ETF by 28.3% during the first quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock valued at $142,437,000 after buying an additional 95,669 shares during the period. Finally, Noked Israel Ltd bought a new position in iShares Semiconductor ETF during the first quarter valued at about $114,725,000.

iShares Semiconductor ETF Stock Performance

SOXX opened at $155.40 on Thursday. iShares Semiconductor ETF has a fifty-two week low of $86.81 and a fifty-two week high of $218.65. The firm has a 50-day moving average of $172.49 and a 200 day moving average of $159.62. The firm has a market cap of $14.67 billion, a P/E ratio of 24.66 and a beta of 1.86.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $0.1083 dividend. The ex-dividend date was Tuesday, September 15th. This is a negative change from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $0.43 dividend on an annualized basis and a yield of 0.3%.

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.