iShares Semiconductor ETF $SOXX Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 20.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,342 shares of the exchange traded fund’s stock after acquiring an additional 8,184 shares during the period. Wealthfront Advisers LLC owned 0.07% of iShares Semiconductor ETF worth $15,888,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bison Wealth LLC acquired a new position in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $201,000. AQR Capital Management LLC increased its holdings in shares of iShares Semiconductor ETF by 83.9% in the first quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock valued at $421,000 after purchasing an additional 1,021 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in iShares Semiconductor ETF by 102.6% during the second quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock worth $834,000 after buying an additional 1,770 shares in the last quarter. Amundi purchased a new position in iShares Semiconductor ETF during the second quarter worth approximately $831,000. Finally, Cerity Partners LLC lifted its position in iShares Semiconductor ETF by 9.0% during the second quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock worth $1,389,000 after buying an additional 482 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

NASDAQ SOXX opened at $530.50 on Friday. The stock’s fifty day moving average is $570.15 and its two-hundred day moving average is $433.54. The firm has a market capitalization of $43.45 billion, a P/E ratio of 31.84 and a beta of 1.77. 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 business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.