1,057 Shares in iShares Semiconductor ETF $SOXX Bought by Sonoma Allocations LLC

Sonoma Allocations LLC purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,057 shares of the exchange traded fund’s stock, valued at approximately $366,000.

A number of other large investors have also recently added to or reduced their stakes in SOXX. Goldman Sachs Group Inc. raised its holdings 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 purchasing an additional 941,363 shares during the period. Oasis Management Co Ltd. grew its holdings in iShares Semiconductor ETF by 100.4% during the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 804,400 shares during the period. Morgan Stanley grew its holdings in 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 purchasing an additional 547,109 shares during the period. Bank of America Corp DE increased its position in iShares Semiconductor ETF by 20.9% during the first quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock worth $1,023,867,000 after buying an additional 538,125 shares during the last quarter. Finally, Bank of Nova Scotia increased its position in iShares Semiconductor ETF by 5,159.3% during the fourth quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock worth $136,005,000 after buying an additional 443,030 shares during the last quarter.

iShares Semiconductor ETF Stock Up 8.5%

NASDAQ:SOXX opened at $504.53 on Friday. iShares Semiconductor ETF has a 12-month low of $232.33 and a 12-month high of $655.95. The firm has a market capitalization of $41.70 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The stock’s 50 day moving average price is $570.85 and its two-hundred day moving average price is $448.07.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors 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 dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 15th. 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.