iShares Semiconductor ETF $SOXX Shares Bought by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. grew its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 18.8% in the third quarter, HoldingsChannel.com reports. The fund owned 26,200 shares of the exchange traded fund’s stock after buying an additional 4,145 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares Semiconductor ETF were worth $14,899,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Highland Investment Advisors LLC bought a new stake in iShares Semiconductor ETF during the 2nd quarter worth approximately $40,000. Triumph Capital Management raised its position in iShares Semiconductor ETF by 44.4% in the 2nd quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in iShares Semiconductor ETF by 245.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 49 shares during the last quarter. Atomic Invest LLC raised its position in iShares Semiconductor ETF by 108.1% in the 2nd quarter. Atomic Invest LLC now owns 77 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 40 shares during the last quarter. Finally, Go Invest LLC acquired a new position in iShares Semiconductor ETF in the third quarter worth $45,000.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $559.40 on Friday. The stock’s fifty day moving average is $537.65 and its 200-day moving average is $515.67. The stock has a market capitalization of $46.37 billion, a PE ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52 week low of $260.44 and a 52 week high of $655.95.

iShares Semiconductor ETF shares are going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.3250 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.30 dividend on an annualized basis and a yield of 0.2%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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.