Rehmann Capital Advisory Group boosted its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 151.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,241 shares of the exchange traded fund’s stock after purchasing an additional 1,951 shares during the period. Rehmann Capital Advisory Group’s holdings in iShares Semiconductor ETF were worth $2,077,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its stake in shares of iShares Semiconductor ETF by 245.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 49 shares during the period. Cedar Mountain Advisors LLC purchased a new stake in shares of iShares Semiconductor ETF during the 2nd quarter valued at approximately $51,000. Elevation Wealth Partners LLC lifted its holdings in iShares Semiconductor ETF by 203.6% in the second quarter. Elevation Wealth Partners LLC now owns 85 shares of the exchange traded fund’s stock valued at $55,000 after acquiring an additional 57 shares during the last quarter. BOKF NA acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $30,000. Finally, Commonwealth Retirement Investments LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $32,000.
iShares Semiconductor ETF Stock Down 2.1%
SOXX stock opened at $500.31 on Wednesday. The business has a fifty day moving average of $543.68 and a two-hundred day moving average of $477.47. The stock has a market cap of $44.85 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52-week low of $238.15 and a 52-week high of $655.95.
iShares Semiconductor ETF Increases Dividend
The firm also recently declared 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. The ex-dividend date was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost 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.
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