Dala Group LLC Takes Position in iShares Semiconductor ETF $SOXX

Dala Group 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 Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,777 shares of the exchange traded fund’s stock, valued at approximately $4,854,000. iShares Semiconductor ETF makes up approximately 4.1% of Dala Group LLC’s portfolio, making the stock its 6th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its holdings in iShares Semiconductor ETF by 20.9% during the first 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 last quarter. Goldman Sachs Group Inc. boosted 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 worth $874,732,000 after purchasing an additional 941,363 shares in the last quarter. Morgan Stanley grew its holdings in iShares Semiconductor ETF by 30.0% in the fourth 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 last quarter. LPL Financial LLC grew its holdings in iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after purchasing an additional 17,038 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of iShares Semiconductor ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock valued at $290,207,000 after buying an additional 121,561 shares in the last quarter.

iShares Semiconductor ETF Stock Up 0.1%

Shares of SOXX stock opened at $504.89 on Friday. The stock has a market cap of $44.86 billion, a P/E ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95. The business has a fifty day simple moving average of $570.20 and a 200-day simple moving average of $448.47.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. This is an increase 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.