Concurrent Investment Advisors LLC Increases Stock Holdings in iShares Semiconductor ETF $SOXX

Concurrent Investment Advisors LLC increased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 32.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,927 shares of the exchange traded fund’s stock after acquiring an additional 4,873 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $12,768,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Centerpoint Advisory Group bought a new stake in shares of iShares Semiconductor ETF during the first quarter valued at approximately $474,000. Harmony Asset Management LLC purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter worth $978,000. Vise Technologies Inc. bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at about $1,350,000. Simplex Trading LLC bought a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $47,007,000. Finally, PSI Advisors LLC grew its stake in shares of iShares Semiconductor ETF by 194.3% during the 4th quarter. PSI Advisors LLC now owns 6,355 shares of the exchange traded fund’s stock valued at $1,914,000 after acquiring an additional 4,196 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $519.86 on Friday. The company has a market cap of $46.61 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52-week low of $244.13 and a 52-week high of $655.95. The firm’s fifty day moving average is $537.81 and its two-hundred day moving average is $479.84.

Shares of iShares Semiconductor ETF are set to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. 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.