Washington Growth Strategies LLC Purchases 3,273 Shares of iShares Semiconductor ETF $SOXX

Washington Growth Strategies LLC raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 1,741.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,461 shares of the exchange traded fund’s stock after acquiring an additional 3,273 shares during the quarter. iShares Semiconductor ETF makes up about 0.6% of Washington Growth Strategies LLC’s portfolio, making the stock its 26th biggest position. Washington Growth Strategies LLC’s holdings in iShares Semiconductor ETF were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new position in shares of iShares Semiconductor ETF in the 1st quarter valued at about $30,000. Tradewinds Capital Management LLC increased its stake in shares of iShares Semiconductor ETF by 2,600.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 156 shares in the last quarter. Crews Bank & Trust increased its stake in shares of iShares Semiconductor ETF by 1,666.7% in the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 150 shares in the last quarter. Hopwood Financial Services Inc. boosted its holdings in iShares Semiconductor ETF by 50.0% in the 1st 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. Finally, NBC Securities Inc. acquired a new stake in iShares Semiconductor ETF in the 1st quarter worth about $47,000.

iShares Semiconductor ETF Trading Down 0.6%

SOXX stock opened at $279.96 on Friday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $284.34. The stock has a market cap of $15.30 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. The business’s 50-day moving average is $253.18 and its 200 day moving average is $223.50.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.5407 per share. The ex-dividend date was Tuesday, September 16th. This represents a $2.16 annualized dividend and a dividend yield of 0.8%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).