iShares Semiconductor ETF $SOXX Stake Cut by Green Ridge Wealth Planning LLC

Green Ridge Wealth Planning LLC cut its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 31.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,028 shares of the exchange traded fund’s stock after selling 4,065 shares during the quarter. iShares Semiconductor ETF accounts for about 2.4% of Green Ridge Wealth Planning LLC’s investment portfolio, making the stock its 13th largest holding. Green Ridge Wealth Planning LLC’s holdings in iShares Semiconductor ETF were worth $5,785,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in shares of iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after purchasing an additional 941,363 shares during the period. Oasis Management Co Ltd. boosted its holdings in shares of iShares Semiconductor ETF by 100.4% during the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 804,400 shares during the period. Morgan Stanley boosted its holdings in shares of iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after purchasing an additional 547,109 shares during the period. Bank of America Corp DE grew its position 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 valued at $1,023,867,000 after purchasing an additional 538,125 shares in the last quarter. Finally, Bank of Nova Scotia grew its position in iShares Semiconductor ETF by 5,159.3% during the fourth 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.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $543.27 on Friday. iShares Semiconductor ETF has a twelve month low of $237.10 and a twelve month high of $655.95. The firm has a market cap of $48.70 billion, a PE ratio of 31.84 and a beta of 1.80. The firm’s 50 day moving average price is $567.12 and its two-hundred day moving average price is $455.32.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. This is an increase 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.