StoneX Group Inc. Sells 8,255 Shares of iShares Semiconductor ETF $SOXX

StoneX Group Inc. trimmed its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 45.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,960 shares of the exchange traded fund’s stock after selling 8,255 shares during the period. StoneX Group Inc.’s holdings in iShares Semiconductor ETF were worth $2,377,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXX. GFG Capital LLC bought a new position in iShares Semiconductor ETF during the 2nd quarter worth about $32,000. Johnson Financial Group Inc. acquired a new position in shares of iShares Semiconductor ETF during the second quarter worth about $32,000. Crews Bank & Trust grew its holdings in shares of iShares Semiconductor ETF by 1,666.7% during the second quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 150 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of iShares Semiconductor ETF during the second quarter worth about $59,000. Finally, Huntington National Bank raised its position in iShares Semiconductor ETF by 38,200.0% in the 2nd quarter. Huntington National Bank now owns 383 shares of the exchange traded fund’s stock valued at $91,000 after buying an additional 382 shares during the last quarter.

iShares Semiconductor ETF Stock Up 1.0%

NASDAQ:SOXX opened at $309.40 on Friday. The company has a market cap of $16.54 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $312.83. The business has a 50 day moving average price of $290.88 and a two-hundred day moving average price of $257.66.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a dividend of $0.5407 per share. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 annualized dividend and a yield of 0.7%.

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).