Root Financial Partners LLC Acquires 1,589 Shares of iShares Semiconductor ETF $SOXX

Root Financial Partners LLC increased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 55.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,475 shares of the exchange traded fund’s stock after purchasing an additional 1,589 shares during the quarter. Root Financial Partners LLC’s holdings in iShares Semiconductor ETF were worth $1,471,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SOXX. Goldman Sachs Group Inc. grew its position in shares of iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after buying an additional 941,363 shares during the last quarter. Morgan Stanley raised its position in shares of iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after acquiring an additional 547,109 shares during the last quarter. Bank of America Corp DE raised its position in shares of iShares Semiconductor ETF by 7.2% during the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after acquiring an additional 159,203 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock worth $313,733,000 after acquiring an additional 17,038 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of iShares Semiconductor ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock worth $290,207,000 after acquiring an additional 121,561 shares during the period.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $599.70 on Thursday. iShares Semiconductor ETF has a 52 week low of $232.33 and a 52 week high of $655.95. The firm’s fifty day moving average is $547.04 and its 200-day moving average is $413.11. The firm has a market cap of $44.53 billion, a P/E ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

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

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.