Alaska Permanent Capital Management LLC Sells 22,225 Shares of iShares Semiconductor ETF $SOXX

Alaska Permanent Capital Management LLC lessened its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 53.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,042 shares of the exchange traded fund’s stock after selling 22,225 shares during the period. iShares Semiconductor ETF comprises approximately 0.4% of Alaska Permanent Capital Management LLC’s investment portfolio, making the stock its 21st biggest position. Alaska Permanent Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $6,264,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SOXX. BOKF NA purchased a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth approximately $30,000. Commonwealth Retirement Investments LLC bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $32,000. Wealth Watch Advisors INC boosted 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 valued at $32,000 after acquiring an additional 78 shares during the period. Strategic Advocates LLC purchased a new position in iShares Semiconductor ETF during the 3rd quarter valued at $35,000. Finally, SHP Wealth Management bought a new position in iShares Semiconductor ETF in the 4th quarter valued at $38,000.

iShares Semiconductor ETF Stock Down 6.4%

Shares of iShares Semiconductor ETF stock opened at $599.70 on Thursday. The stock’s fifty day moving average is $547.04 and its two-hundred day moving average is $413.11. iShares Semiconductor ETF has a 52 week low of $232.33 and a 52 week high of $655.95. The company has a market capitalization of $44.53 billion, a PE ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

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

About iShares Semiconductor ETF

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.