iShares Semiconductor ETF $SOXX Stock Sold by Avaii Wealth Management LLC

Avaii Wealth Management LLC lessened its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,690 shares of the exchange traded fund’s stock after selling 927 shares during the period. iShares Semiconductor ETF comprises approximately 2.7% of Avaii Wealth Management LLC’s holdings, making the stock its 11th biggest position. Avaii Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $9,829,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SOXX. Go Invest LLC bought a new position in iShares Semiconductor ETF in the third quarter worth approximately $45,000. Green Ridge Wealth Planning LLC grew its position in shares of iShares Semiconductor ETF by 29.0% during the 3rd quarter. Green Ridge Wealth Planning LLC now owns 11,644 shares of the exchange traded fund’s stock valued at $6,621,000 after acquiring an additional 2,616 shares during the period. Allen Mooney & Barnes Investment Advisors LLC grew its position in shares of iShares Semiconductor ETF by 1.5% during the 3rd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 27,757 shares of the exchange traded fund’s stock valued at $15,784,000 after acquiring an additional 408 shares during the period. Grove Bank & Trust purchased a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth $259,000. Finally, Farther Finance Advisors LLC increased its stake in shares of iShares Semiconductor ETF by 34.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 16,070 shares of the exchange traded fund’s stock worth $9,138,000 after purchasing an additional 4,095 shares in the last quarter.

iShares Semiconductor ETF Trading Down 0.7%

NASDAQ SOXX traded down $3.88 on Friday, hitting $559.40. 5,022,854 shares of the company traded hands, compared to its average volume of 8,206,066. The company has a market capitalization of $46.37 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The business’s 50 day moving average price is $536.56 and its 200-day moving average price is $515.36. iShares Semiconductor ETF has a 52-week low of $260.44 and a 52-week high of $655.95.

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

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.3250 per share. 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. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

iShares Semiconductor ETF 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.