Nissay Asset Management Corp Japan Has $21.93 Million Stock Position in iShares Semiconductor ETF $SOXX

Nissay Asset Management Corp Japan cut its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 12.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,231 shares of the exchange traded fund’s stock after selling 4,774 shares during the period. Nissay Asset Management Corp Japan’s holdings in iShares Semiconductor ETF were worth $21,934,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Tandem Capital Management Corp ADV acquired a new stake in iShares Semiconductor ETF during the 2nd quarter valued at approximately $358,000. Kingsview Wealth Management LLC lifted its position in shares of iShares Semiconductor ETF by 2.3% in the 2nd quarter. Kingsview Wealth Management LLC now owns 17,070 shares of the exchange traded fund’s stock worth $10,938,000 after purchasing an additional 384 shares during the period. Beacon Pointe Advisors LLC lifted its position in shares of iShares Semiconductor ETF by 0.4% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 18,104 shares of the exchange traded fund’s stock worth $11,600,000 after purchasing an additional 75 shares during the period. Maxele Advisors LLC bought a new stake in shares of iShares Semiconductor ETF in the 2nd quarter valued at $7,047,000. Finally, Empowered Funds LLC bought a new stake in shares of iShares Semiconductor ETF in the 2nd quarter valued at $614,000.

iShares Semiconductor ETF Stock Down 3.2%

SOXX opened at $508.62 on Friday. iShares Semiconductor ETF has a twelve month low of $238.15 and a twelve month high of $655.95. The company has a fifty day moving average of $548.62 and a 200-day moving average of $474.50. The stock has a market cap of $45.60 billion, a PE ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

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 given a dividend of $0.2827 per share. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 15th.

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.