Toth Financial Advisory Corp Raises Stake in iShares Semiconductor ETF $SOXX

Toth Financial Advisory Corp raised its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 26.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,204 shares of the exchange traded fund’s stock after purchasing an additional 8,501 shares during the quarter. iShares Semiconductor ETF comprises approximately 1.2% of Toth Financial Advisory Corp’s portfolio, making the stock its 27th largest holding. Toth Financial Advisory Corp’s holdings in iShares Semiconductor ETF were worth $10,900,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE grew its holdings in shares of iShares Semiconductor ETF by 7.2% during the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after buying an additional 159,203 shares during the last quarter. BNP Paribas Financial Markets lifted its position in iShares Semiconductor ETF by 220.2% during the 1st quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after acquiring an additional 665,867 shares during the period. Rockefeller Capital Management L.P. lifted its position in iShares Semiconductor ETF by 12.7% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 361,353 shares of the exchange traded fund’s stock worth $94,170,000 after acquiring an additional 40,707 shares during the period. LMR Partners LLP grew its stake in shares of iShares Semiconductor ETF by 17.9% in the 2nd quarter. LMR Partners LLP now owns 330,000 shares of the exchange traded fund’s stock valued at $78,771,000 after purchasing an additional 50,000 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares Semiconductor ETF by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 301,244 shares of the exchange traded fund’s stock valued at $71,934,000 after purchasing an additional 17,202 shares during the last quarter.

iShares Semiconductor ETF Trading Up 2.7%

NASDAQ:SOXX opened at $299.81 on Friday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $317.35. The stock’s 50 day simple moving average is $295.38 and its 200-day simple moving average is $264.00. The firm has a market cap of $16.02 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.4363 dividend. This represents a $1.75 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.