New York Life Investment Management LLC Buys Shares of 6,886 iShares Semiconductor ETF $SOXX

New York Life Investment Management LLC bought a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,886 shares of the exchange traded fund’s stock, valued at approximately $1,644,000.

Other institutional investors have also recently added to or reduced their stakes in the company. GFG Capital LLC acquired a new stake in iShares Semiconductor ETF in the second quarter valued at approximately $32,000. Crews Bank & Trust lifted its stake in shares of iShares Semiconductor ETF by 1,666.7% in the second quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 150 shares during the last quarter. Hopwood Financial Services Inc. lifted its stake in shares of iShares Semiconductor ETF by 50.0% in the first quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 70 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of iShares Semiconductor ETF in the second quarter worth $59,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of iShares Semiconductor ETF in the second quarter worth $107,000.

iShares Semiconductor ETF Trading Up 0.4%

Shares of iShares Semiconductor ETF stock opened at $306.55 on Friday. The firm has a fifty day simple moving average of $272.04 and a 200-day simple moving average of $238.62. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $312.79. The stock has a market capitalization of $16.46 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid 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 dividend on an annualized basis and a dividend yield of 0.7%.

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).