iShares Semiconductor ETF $SOXX Holdings Reduced by Avaii Wealth Management LLC

Avaii Wealth Management LLC cut its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,690 shares of the exchange traded fund’s stock after selling 927 shares during the period. iShares Semiconductor ETF makes up 2.7% of Avaii Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Avaii Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $9,829,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SOXX. Bank of America Corp DE lifted its stake in 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 acquiring an additional 538,125 shares during the period. Bank of Nova Scotia grew its stake in shares of iShares Semiconductor ETF by 88.5% in the first quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock worth $279,766,000 after acquiring an additional 399,612 shares during the period. Royal Bank of Canada grew its stake in shares of iShares Semiconductor ETF by 28.3% in the first quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock worth $142,437,000 after acquiring an additional 95,669 shares during the period. Noked Israel Ltd purchased a new position in shares of iShares Semiconductor ETF during the first quarter valued at approximately $114,725,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of iShares Semiconductor ETF by 5.7% during the second quarter. Envestnet Asset Management Inc. now owns 163,012 shares of the exchange traded fund’s stock valued at $104,451,000 after purchasing an additional 8,820 shares during the last quarter.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock traded down $3.88 during midday trading on Friday, reaching $559.40. 5,022,854 shares of the company traded hands, compared to its average volume of 8,206,066. iShares Semiconductor ETF has a 12 month low of $260.44 and a 12 month high of $655.95. The business has a 50 day moving average of $536.56 and a two-hundred day moving average of $515.36. The firm has a market capitalization of $46.37 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a $0.3250 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date was Tuesday, September 15th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.2%.

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.