iShares Semiconductor ETF $SOXX Shares Sold by Theory Financial LLC

Theory Financial LLC reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 22.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,323 shares of the exchange traded fund’s stock after selling 3,752 shares during the quarter. iShares Semiconductor ETF comprises approximately 1.5% of Theory Financial LLC’s holdings, making the stock its 25th largest position. Theory Financial LLC’s holdings in iShares Semiconductor ETF were worth $4,379,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its stake in iShares Semiconductor ETF by 47.9% in the fourth 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 boosted its holdings 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 valued at $713,307,000 after acquiring an additional 547,109 shares during the period. Bank of America Corp DE grew 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 grew its position in shares of iShares Semiconductor ETF by 1.7% during 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 last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of iShares Semiconductor ETF by 14.4% in the 4th 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 Down 2.2%

SOXX stock opened at $555.27 on Thursday. The stock has a market cap of $45.48 billion, a PE ratio of 31.84 and a beta of 1.77. The firm’s 50-day simple moving average is $569.38 and its 200 day simple moving average is $431.96. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.2827 dividend. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%.

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.