United Asset Strategies Inc. lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,459 shares of the exchange traded fund’s stock after purchasing an additional 1,477 shares during the period. iShares Semiconductor ETF accounts for 2.0% of United Asset Strategies Inc.’s holdings, making the stock its 8th biggest position. United Asset Strategies Inc. owned about 0.06% of iShares Semiconductor ETF worth $28,693,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently made changes to their positions in the company. Choreo LLC grew its position in shares of iShares Semiconductor ETF by 22.7% in the 3rd quarter. Choreo LLC now owns 2,743 shares of the exchange traded fund’s stock valued at $1,560,000 after acquiring an additional 508 shares during the period. D.A. Davidson & CO. raised its holdings in shares of iShares Semiconductor ETF by 1.6% in the 3rd quarter. D.A. Davidson & CO. now owns 1,741 shares of the exchange traded fund’s stock valued at $990,000 after purchasing an additional 28 shares during the period. Essential Investment Partners LLC acquired a new stake in iShares Semiconductor ETF in the 3rd quarter valued at about $682,000. BOKF NA lifted its stake in iShares Semiconductor ETF by 24,547.1% in the 3rd quarter. BOKF NA now owns 4,190 shares of the exchange traded fund’s stock valued at $2,383,000 after purchasing an additional 4,173 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its stake in iShares Semiconductor ETF by 3.3% in the 3rd quarter. North Star Investment Management Corp. now owns 1,269 shares of the exchange traded fund’s stock valued at $722,000 after purchasing an additional 41 shares during the last quarter.
iShares Semiconductor ETF Stock Performance
iShares Semiconductor ETF stock opened at $513.86 on Friday. The stock has a 50-day simple moving average of $530.14 and a 200 day simple moving average of $474.18. The stock has a market capitalization of $48.41 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52 week low of $260.44 and a 52 week high of $655.95.
Shares of iShares Semiconductor ETF are scheduled to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.
iShares Semiconductor ETF Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a dividend of $0.3250 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a boost 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.
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