Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 905 Shares of iShares Semiconductor ETF $SOXX

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 22.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 3,111 shares of the exchange traded fund’s stock after selling 905 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares Semiconductor ETF were worth $1,023,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. HBW Advisory Services LLC raised its holdings in shares of iShares Semiconductor ETF by 19.1% during the 1st quarter. HBW Advisory Services LLC now owns 1,030 shares of the exchange traded fund’s stock valued at $339,000 after purchasing an additional 165 shares in the last quarter. Y.D. More Investments Ltd raised its holdings in iShares Semiconductor ETF by 4,175.2% during the first quarter. Y.D. More Investments Ltd now owns 158,996 shares of the exchange traded fund’s stock valued at $52,240,000 after buying an additional 155,277 shares in the last quarter. Anchor Investment Management LLC lifted its position in shares of iShares Semiconductor ETF by 2.7% in the first quarter. Anchor Investment Management LLC now owns 17,671 shares of the exchange traded fund’s stock worth $5,808,000 after buying an additional 457 shares during the last quarter. Diversify Wealth Management LLC bought a new stake in shares of iShares Semiconductor ETF during the 1st quarter worth about $5,288,000. Finally, Carnegie Investment Counsel boosted its stake in shares of iShares Semiconductor ETF by 6.7% during the 1st quarter. Carnegie Investment Counsel now owns 2,844 shares of the exchange traded fund’s stock worth $935,000 after acquiring an additional 178 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $555.27 on Thursday. The stock’s 50 day simple moving average is $569.38 and its 200 day simple moving average is $431.96. iShares Semiconductor ETF has a twelve month low of $232.33 and a twelve month high of $655.95. The company has a market capitalization of $45.48 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.2827 dividend. The ex-dividend date was Monday, June 15th. This is a positive change 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%.

iShares Semiconductor ETF 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.