iShares Semiconductor ETF $SOXX Stock Sold by Lake Hills Wealth Management LLC

Lake Hills Wealth Management LLC decreased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 18.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,218 shares of the exchange traded fund’s stock after selling 2,778 shares during the quarter. iShares Semiconductor ETF accounts for about 3.2% of Lake Hills Wealth Management LLC’s holdings, making the stock its 11th largest holding. Lake Hills Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $6,948,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SOXX. NWF Advisory Services Inc. purchased a new stake in iShares Semiconductor ETF in the 2nd quarter worth $1,065,000. Centerpoint Advisory Group purchased a new position in iShares Semiconductor ETF during the first quarter valued at $474,000. Squarepoint Ops LLC grew its position in shares of iShares Semiconductor ETF by 2,421.8% in the second quarter. Squarepoint Ops LLC now owns 41,610 shares of the exchange traded fund’s stock valued at $26,662,000 after purchasing an additional 39,960 shares during the period. Camarda Financial Advisors LLC acquired a new stake in shares of iShares Semiconductor ETF in the second quarter valued at about $769,000. Finally, Allen Mooney & Barnes Investment Advisors LLC purchased a new stake in shares of iShares Semiconductor ETF during the second quarter worth about $17,524,000.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock traded down $8.27 during midday trading on Wednesday, reaching $581.18. The company had a trading volume of 2,968,294 shares, compared to its average volume of 8,199,705. iShares Semiconductor ETF has a 12-month low of $260.44 and a 12-month high of $655.95. The company has a market capitalization of $48.18 billion, a P/E ratio of 31.84 and a beta of 1.80. The firm’s fifty day simple moving average is $533.03 and its 200-day simple moving average is $512.03.

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

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a $0.3250 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, September 15th.

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.