Continental Investors Services Inc. Sells 197 Shares of iShares Semiconductor ETF $SOXX

Continental Investors Services Inc. trimmed its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 11.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,482 shares of the exchange traded fund’s stock after selling 197 shares during the period. Continental Investors Services Inc.’s holdings in iShares Semiconductor ETF were worth $354,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Banque Cantonale Vaudoise bought a new position in iShares Semiconductor ETF during the first quarter valued at $2,363,000. Apollon Wealth Management LLC lifted its holdings in shares of iShares Semiconductor ETF by 1.1% in the 2nd quarter. Apollon Wealth Management LLC now owns 10,944 shares of the exchange traded fund’s stock worth $2,612,000 after acquiring an additional 120 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares Semiconductor ETF by 10.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 129,461 shares of the exchange traded fund’s stock worth $24,361,000 after purchasing an additional 11,789 shares during the period. Grandview Asset Management LLC bought a new position in iShares Semiconductor ETF during the 2nd quarter valued at about $1,070,000. Finally, RoundAngle Advisors LLC grew its holdings in iShares Semiconductor ETF by 3.4% during the 2nd quarter. RoundAngle Advisors LLC now owns 4,329 shares of the exchange traded fund’s stock valued at $1,033,000 after purchasing an additional 144 shares during the last quarter.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $306.55 on Friday. The firm has a market capitalization of $16.46 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $312.79. The company’s 50-day moving average is $272.04 and its 200 day moving average is $238.62.

iShares Semiconductor ETF Increases Dividend

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

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).