6,689 iShares Semiconductor ETF $SOXX Shares Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 43.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,160 shares of the exchange traded fund’s stock after purchasing an additional 6,689 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Semiconductor ETF were worth $12,601,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Triumph Capital Management lifted its position in shares of iShares Semiconductor ETF by 44.4% in the 2nd quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares during the period. Willner & Heller LLC boosted its stake in shares of iShares Semiconductor ETF by 1.6% during the 2nd quarter. Willner & Heller LLC now owns 1,376 shares of the exchange traded fund’s stock valued at $882,000 after purchasing an additional 22 shares in the last quarter. Round Rock Advisors LLC boosted its stake in shares of iShares Semiconductor ETF by 3.2% during the 2nd quarter. Round Rock Advisors LLC now owns 703 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 22 shares in the last quarter. IAG Wealth Partners LLC boosted its stake in shares of iShares Semiconductor ETF by 5.7% during the 1st quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock valued at $152,000 after purchasing an additional 25 shares in the last quarter. Finally, Lodestar Private Asset Management LLC boosted its stake in shares of iShares Semiconductor ETF by 1.3% during the 1st quarter. Lodestar Private Asset Management LLC now owns 2,006 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 26 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $521.94 on Thursday. iShares Semiconductor ETF has a 1 year low of $260.44 and a 1 year high of $655.95. The company’s 50-day moving average is $530.26 and its 200 day moving average is $473.25. The stock has a market capitalization of $49.17 billion, a P/E ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF shares are scheduled 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 closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

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