VMS Asset Management Limited Buys 28,331 Shares of iShares Semiconductor ETF $SOXX

VMS Asset Management Limited lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 359.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,221 shares of the exchange traded fund’s stock after purchasing an additional 28,331 shares during the period. iShares Semiconductor ETF accounts for about 8.0% of VMS Asset Management Limited’s investment portfolio, making the stock its 3rd biggest holding. VMS Asset Management Limited’s holdings in iShares Semiconductor ETF were worth $20,597,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MPS Loria Financial Planners LLC raised its stake in iShares Semiconductor ETF by 28.3% in the third quarter. MPS Loria Financial Planners LLC now owns 806 shares of the exchange traded fund’s stock worth $459,000 after buying an additional 178 shares in the last quarter. Fairfield Financial Advisors LTD purchased a new stake in iShares Semiconductor ETF in the third quarter worth about $357,000. Forte Asset Management LLC lifted its holdings in iShares Semiconductor ETF by 10.5% in the third quarter. Forte Asset Management LLC now owns 6,031 shares of the exchange traded fund’s stock worth $3,430,000 after buying an additional 572 shares during the period. Signal Advisors Wealth LLC boosted its position in iShares Semiconductor ETF by 8.2% during the 3rd quarter. Signal Advisors Wealth LLC now owns 987 shares of the exchange traded fund’s stock valued at $561,000 after acquiring an additional 75 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its position in iShares Semiconductor ETF by 1,211.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 7,031 shares of the exchange traded fund’s stock valued at $3,998,000 after acquiring an additional 6,495 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $519.42 on Thursday. iShares Semiconductor ETF has a fifty-two week low of $260.44 and a fifty-two week high of $655.95. The company has a market capitalization of $42.54 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The business’s 50 day moving average price is $538.21 and its two-hundred day moving average price is $521.11.

Shares of iShares Semiconductor ETF are scheduled to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be issued 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. Investors of record on Tuesday, September 15th were given a dividend of $0.3250 per share. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $1.30 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Tuesday, September 15th.

iShares Semiconductor ETF 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.