Florida Financial Advisors LLC Raises Stock Holdings in iShares Semiconductor ETF $SOXX

Florida Financial Advisors LLC raised its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 202.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,161 shares of the exchange traded fund’s stock after purchasing an additional 1,447 shares during the period. Florida Financial Advisors LLC’s holdings in iShares Semiconductor ETF were worth $710,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SOXX. BOKF NA acquired a new stake in iShares Semiconductor ETF in the 4th quarter valued at $30,000. Commonwealth Retirement Investments LLC acquired a new position in iShares Semiconductor ETF during the fourth quarter worth $32,000. Wealth Watch Advisors INC raised its position in iShares Semiconductor ETF by 278.6% during the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 78 shares during the period. SHP Wealth Management purchased a new position in iShares Semiconductor ETF during the fourth quarter valued at $38,000. Finally, Optima Capital LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter valued at $41,000.

iShares Semiconductor ETF Stock Up 5.3%

Shares of NASDAQ SOXX opened at $552.00 on Wednesday. The company’s 50-day simple moving average is $570.72 and its 200-day simple moving average is $438.38. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95. The firm has a market cap of $46.29 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.2827 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is a boost 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.