Fairvoy Private Wealth LLC Makes New Investment in iShares Semiconductor ETF $SOXX

Fairvoy Private Wealth LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the 1st quarter, Holdings Channel reports. The firm purchased 4,867 shares of the exchange traded fund’s stock, valued at approximately $1,600,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BOKF NA purchased a new position in shares of iShares Semiconductor ETF during the 4th quarter worth about $30,000. Commonwealth Retirement Investments LLC purchased a new stake in iShares Semiconductor ETF in the fourth quarter valued at approximately $32,000. Wealth Watch Advisors INC increased its position in iShares Semiconductor ETF by 278.6% during the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 78 shares during the last quarter. Strategic Advocates LLC acquired a new position in iShares Semiconductor ETF during the third quarter worth approximately $35,000. Finally, SHP Wealth Management purchased a new position in iShares Semiconductor ETF during the fourth quarter worth approximately $38,000.

iShares Semiconductor ETF Stock Up 3.9%

Shares of SOXX opened at $625.20 on Friday. The firm has a market cap of $40.51 billion, a PE ratio of 31.84 and a beta of 1.80. The company’s fifty day moving average is $530.96 and its two-hundred day moving average is $404.74. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

iShares Semiconductor ETF Company 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.