Quantinno Capital Management LP Purchases 2,590 Shares of iShares Semiconductor ETF $SOXX

Quantinno Capital Management LP lifted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 20.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 15,060 shares of the exchange traded fund’s stock after purchasing an additional 2,590 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares Semiconductor ETF were worth $4,950,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. IAG Wealth Partners LLC raised its stake in shares of iShares Semiconductor ETF by 5.7% in the first 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. Laurel Oak Wealth Management LLC boosted its stake in iShares Semiconductor ETF by 0.3% during the first quarter. Laurel Oak Wealth Management LLC now owns 10,226 shares of the exchange traded fund’s stock worth $3,361,000 after buying an additional 26 shares in the last quarter. Lodestar Private Asset Management LLC boosted its stake in iShares Semiconductor ETF by 1.3% during the first quarter. Lodestar Private Asset Management LLC now owns 2,006 shares of the exchange traded fund’s stock worth $659,000 after buying an additional 26 shares in the last quarter. Citizens Financial Group Inc. RI increased its holdings in iShares Semiconductor ETF by 2.0% in the 4th quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock valued at $486,000 after buying an additional 31 shares during the period. Finally, Pathway Financial Advisers LLC increased its holdings in iShares Semiconductor ETF by 1.6% in the 1st quarter. Pathway Financial Advisers LLC now owns 2,135 shares of the exchange traded fund’s stock valued at $702,000 after buying an additional 33 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $531.80 on Friday. iShares Semiconductor ETF has a 52-week low of $237.10 and a 52-week high of $655.95. The stock has a market cap of $47.68 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The firm has a fifty day moving average of $567.64 and a 200-day moving average of $454.70.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.2827 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%.

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.