iShares Semiconductor ETF $SOXX Position Raised by Private Advisor Group LLC

Private Advisor Group LLC boosted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,219 shares of the exchange traded fund’s stock after buying an additional 2,009 shares during the period. Private Advisor Group LLC owned 0.06% of iShares Semiconductor ETF worth $12,890,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Greenberg Financial Group acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter worth $843,000. Moulton Wealth Management Inc. acquired a new position in iShares Semiconductor ETF in the 4th quarter valued at $5,773,000. Eagle Strategies LLC bought a new position in shares of iShares Semiconductor ETF in the fourth quarter worth about $526,000. Madrid Wealth Management LLC bought a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $493,000. Finally, Barclays PLC grew its position in iShares Semiconductor ETF by 80.7% in the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after purchasing an additional 145,698 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $566.32 on Friday. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95. The firm has a market capitalization of $40.55 billion, a PE ratio of 31.84 and a beta of 1.77. The company’s fifty day moving average price is $552.64 and its two-hundred day moving average price is $416.05.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2827 per share. The ex-dividend date was Monday, June 15th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a dividend 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.