Wedbush Securities Inc. Sells 2,952 Shares of iShares Semiconductor ETF $SOXX

Wedbush Securities Inc. decreased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 66.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,493 shares of the exchange traded fund’s stock after selling 2,952 shares during the period. Wedbush Securities Inc.’s holdings in iShares Semiconductor ETF were worth $356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BNP Paribas Financial Markets increased its stake in iShares Semiconductor ETF by 220.2% in the first quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock valued at $182,198,000 after purchasing an additional 665,867 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares Semiconductor ETF by 7.3% during the 1st quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after purchasing an additional 57,350 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of iShares Semiconductor ETF by 20.7% in the second quarter. Commonwealth Equity Services LLC now owns 278,397 shares of the exchange traded fund’s stock worth $66,453,000 after purchasing an additional 47,718 shares in the last quarter. Avondale Wealth Management grew its holdings in iShares Semiconductor ETF by 528.7% during the 2nd quarter. Avondale Wealth Management now owns 44,796 shares of the exchange traded fund’s stock valued at $10,693,000 after buying an additional 37,671 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares Semiconductor ETF by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 165,116 shares of the exchange traded fund’s stock worth $39,413,000 after buying an additional 35,655 shares in the last quarter.

iShares Semiconductor ETF Trading Down 1.5%

Shares of iShares Semiconductor ETF stock opened at $295.16 on Thursday. The firm has a market capitalization of $15.78 billion, a PE ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $312.79. The business’s 50-day moving average price is $280.44 and its 200-day moving average price is $246.70.

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 paid a $0.5407 dividend. This is an increase 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%. The ex-dividend date of this dividend was Tuesday, September 16th.

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).