RFG Advisory LLC Sells 3,417 Shares of iShares Semiconductor ETF $SOXX

RFG Advisory LLC lessened its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 42.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,586 shares of the exchange traded fund’s stock after selling 3,417 shares during the quarter. RFG Advisory LLC’s holdings in iShares Semiconductor ETF were worth $1,507,000 as of its most recent SEC filing.

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

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $589.94 on Friday. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95. The company has a market cap of $38.23 billion, a PE ratio of 31.84 and a beta of 1.80. The business has a 50-day simple moving average of $534.73 and a two-hundred day simple moving average of $406.03.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.2827 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a 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.