Atlantic Union Bankshares Corp Invests $227,000 in iShares Semiconductor ETF $SOXX

Atlantic Union Bankshares Corp bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 949 shares of the exchange traded fund’s stock, valued at approximately $227,000.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in iShares Semiconductor ETF by 220.2% during the first quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after purchasing an additional 665,867 shares during the period. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of iShares Semiconductor ETF by 4,151.3% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after buying an additional 371,122 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Semiconductor ETF by 7.3% during the 1st quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after buying an additional 57,350 shares during the period. Avondale Wealth Management grew its stake in iShares Semiconductor ETF by 528.7% in the 2nd quarter. Avondale Wealth Management now owns 44,796 shares of the exchange traded fund’s stock valued at $10,693,000 after buying an additional 37,671 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in iShares Semiconductor ETF by 27.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 165,116 shares of the exchange traded fund’s stock valued at $39,413,000 after buying an additional 35,655 shares during the last quarter.

iShares Semiconductor ETF Stock Down 1.0%

Shares of SOXX stock opened at $294.38 on Monday. The firm has a 50 day moving average price of $277.10 and a two-hundred day moving average price of $244.22. The company has a market capitalization of $15.73 billion, a PE ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $312.79.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a $0.5407 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.16 dividend on an annualized basis and a yield of 0.7%. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

About iShares Semiconductor ETF

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).