Beacon Pointe Advisors LLC Sells 520 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Beacon Pointe Advisors LLC reduced its position in iShares Semiconductor ETF (NASDAQ:SOXXGet Rating) by 10.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,497 shares of the exchange traded fund’s stock after selling 520 shares during the period. Beacon Pointe Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,569,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. IFG Advisory LLC acquired a new stake in shares of iShares Semiconductor ETF during the first quarter worth $233,000. Ignite Planners LLC bought a new stake in shares of iShares Semiconductor ETF in the first quarter valued at about $598,000. Banque Pictet & Cie SA lifted its holdings in shares of iShares Semiconductor ETF by 26.9% in the second quarter. Banque Pictet & Cie SA now owns 1,691 shares of the exchange traded fund’s stock valued at $591,000 after purchasing an additional 358 shares in the last quarter. B. Riley Wealth Management Inc. lifted its holdings in shares of iShares Semiconductor ETF by 11.4% in the first quarter. B. Riley Wealth Management Inc. now owns 1,448 shares of the exchange traded fund’s stock valued at $685,000 after purchasing an additional 148 shares in the last quarter. Finally, Regal Investment Advisors LLC lifted its holdings in shares of iShares Semiconductor ETF by 28.3% in the first quarter. Regal Investment Advisors LLC now owns 1,015 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 224 shares in the last quarter.

iShares Semiconductor ETF Trading Up 1.2 %

SOXX opened at $382.00 on Thursday. iShares Semiconductor ETF has a 52-week low of $287.82 and a 52-week high of $559.02. The business’s 50-day simple moving average is $337.13 and its 200 day simple moving average is $369.29.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Tuesday, September 27th were given a $1.802 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend was Monday, September 26th. This represents a $7.21 annualized dividend and a dividend yield of 1.89%.

About iShares Semiconductor ETF

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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).

See Also

Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Semiconductor ETF (NASDAQ:SOXXGet Rating).

Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

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