Petix & Botte Co Makes New Investment in iShares Semiconductor ETF $SOXX

Petix & Botte Co acquired a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $329,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SOXX. BOKF NA purchased a new position in shares of iShares Semiconductor ETF in the fourth quarter worth $30,000. Commonwealth Retirement Investments LLC bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at $32,000. Wealth Watch Advisors INC increased its holdings in iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 78 shares during the last quarter. Strategic Advocates LLC purchased a new stake in iShares Semiconductor ETF in the 3rd quarter worth $35,000. Finally, SHP Wealth Management bought a new position in shares of iShares Semiconductor ETF during the 4th quarter valued at about $38,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX stock traded down $0.36 during trading hours on Friday, hitting $581.34. The stock had a trading volume of 5,843,913 shares, compared to its average volume of 8,279,269. iShares Semiconductor ETF has a one year low of $232.33 and a one year high of $655.95. The stock’s 50-day moving average price is $564.87 and its two-hundred day moving average price is $425.75. The stock has a market capitalization of $48.80 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders 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 yield of 0.2%. This is a boost 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.