iShares Semiconductor ETF $SOXX Shares Acquired by Washburn Capital Management Inc.

Washburn Capital Management Inc. raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 20.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 8,895 shares of the exchange traded fund’s stock after acquiring an additional 1,520 shares during the period. iShares Semiconductor ETF makes up approximately 2.5% of Washburn Capital Management Inc.’s holdings, making the stock its 6th biggest position. Washburn Capital Management Inc.’s holdings in iShares Semiconductor ETF were worth $5,058,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of iShares Semiconductor ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock valued at $1,023,867,000 after acquiring an additional 538,125 shares during the last quarter. Bank of Nova Scotia raised its holdings in shares of iShares Semiconductor ETF by 88.5% during the first quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock valued at $279,766,000 after purchasing an additional 399,612 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of iShares Semiconductor ETF by 28.3% during the first quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock valued at $142,437,000 after purchasing an additional 95,669 shares during the last quarter. Noked Israel Ltd purchased a new position in shares of iShares Semiconductor ETF during the first quarter valued at approximately $114,725,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of iShares Semiconductor ETF by 5.7% during the second quarter. Envestnet Asset Management Inc. now owns 163,012 shares of the exchange traded fund’s stock valued at $104,451,000 after purchasing an additional 8,820 shares during the last quarter.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock traded up $9.62 during midday trading on Monday, reaching $503.01. 6,020,060 shares of the company traded hands, compared to its average volume of 8,278,313. iShares Semiconductor ETF has a 12 month low of $260.44 and a 12 month high of $655.95. The business has a 50 day moving average of $536.87 and a two-hundred day moving average of $523.75. The firm has a market capitalization of $41.65 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are set to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.3250 per share. This represents a $1.30 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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.