ORG Wealth Partners LLC Grows Position in iShares Semiconductor ETF (NASDAQ:SOXX)

ORG Wealth Partners LLC raised its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 950.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,476 shares of the exchange traded fund’s stock after acquiring an additional 3,145 shares during the period. ORG Wealth Partners LLC’s holdings in iShares Semiconductor ETF were worth $655,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Savvy Advisors Inc. raised its holdings in shares of iShares Semiconductor ETF by 1.1% in the 4th quarter. Savvy Advisors Inc. now owns 4,261 shares of the exchange traded fund’s stock valued at $918,000 after acquiring an additional 46 shares in the last quarter. First Heartland Consultants Inc. raised its holdings in shares of iShares Semiconductor ETF by 1.7% during the 4th quarter. First Heartland Consultants Inc. now owns 3,248 shares of the exchange traded fund’s stock valued at $700,000 after buying an additional 55 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in shares of iShares Semiconductor ETF by 5.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 1,078 shares of the exchange traded fund’s stock valued at $232,000 after buying an additional 59 shares in the last quarter. Roxbury Financial LLC raised its holdings in shares of iShares Semiconductor ETF by 26.2% during the 1st quarter. Roxbury Financial LLC now owns 313 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 65 shares in the last quarter. Finally, McKinley Carter Wealth Services Inc. raised its holdings in shares of iShares Semiconductor ETF by 4.3% during the 1st quarter. McKinley Carter Wealth Services Inc. now owns 1,617 shares of the exchange traded fund’s stock valued at $304,000 after buying an additional 67 shares in the last quarter.

iShares Semiconductor ETF Trading Up 0.4%

Shares of NASDAQ SOXX opened at $226.56 on Thursday. The stock has a market cap of $13.06 billion, a price-to-earnings ratio of 29.38 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $267.24. The stock’s 50-day moving average is $198.93 and its 200 day moving average is $207.09.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 16th will be issued a dividend of $0.4833 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 0.85%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, June 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).