GTS Securities LLC Sells 6,232 Shares of iShares Semiconductor ETF $SOXX

GTS Securities LLC decreased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 59.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,321 shares of the exchange traded fund’s stock after selling 6,232 shares during the period. GTS Securities LLC’s holdings in iShares Semiconductor ETF were worth $2,769,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SOXX. Bank of America Corp DE increased its position in shares of iShares Semiconductor ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock valued at $1,023,867,000 after purchasing an additional 538,125 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after buying an additional 941,363 shares during the last quarter. Morgan Stanley lifted its position in iShares Semiconductor ETF by 30.0% in the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after buying an additional 547,109 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock worth $313,733,000 after buying an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in iShares Semiconductor ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock worth $290,207,000 after buying an additional 121,561 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $508.62 on Friday. The stock has a market capitalization of $45.60 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a one year low of $238.15 and a one year high of $655.95. The firm’s 50 day simple moving average is $548.62 and its two-hundred day simple moving average is $474.50.

iShares Semiconductor ETF’s stock is going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

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

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). 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.