Focus Financial Network Inc. Has $5.64 Million Holdings in iShares Semiconductor ETF $SOXX

Focus Financial Network Inc. lessened its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 14.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,798 shares of the exchange traded fund’s stock after selling 1,457 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Semiconductor ETF were worth $5,638,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. BOKF NA acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $30,000. Commonwealth Retirement Investments LLC bought a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $32,000. Wealth Watch Advisors INC grew its holdings in iShares Semiconductor ETF by 278.6% during the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 78 shares during the period. Gould Capital LLC grew its holdings in iShares Semiconductor ETF by 39.2% during the 1st quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 31 shares during the period. Finally, SHP Wealth Management bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at $38,000.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $543.27 on Monday. The business’s fifty day moving average is $567.12 and its 200-day moving average is $456.12. The company has a market cap of $48.70 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a twelve month low of $237.10 and a twelve month high of $655.95.

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2827 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, June 15th.

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). 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.