16,003 Shares in iShares Semiconductor ETF $SOXX Bought by Gimbal Financial

Gimbal Financial purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 16,003 shares of the exchange traded fund’s stock, valued at approximately $9,100,000. iShares Semiconductor ETF accounts for about 5.3% of Gimbal Financial’s holdings, making the stock its 8th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of SOXX. Bank of America Corp DE grew its position in shares of iShares Semiconductor ETF by 20.9% during the 1st 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 period. Bank of Nova Scotia increased its stake in shares of iShares Semiconductor ETF by 88.5% in the 1st quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock valued at $279,766,000 after acquiring an additional 399,612 shares in the last quarter. Royal Bank of Canada increased its stake in shares of iShares Semiconductor ETF by 28.3% in the 1st quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock valued at $142,437,000 after acquiring an additional 95,669 shares in the last quarter. Noked Israel Ltd acquired a new position in shares of iShares Semiconductor ETF during the 1st quarter valued at $114,725,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares Semiconductor ETF by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 163,012 shares of the exchange traded fund’s stock valued at $104,451,000 after acquiring an additional 8,820 shares during the period.

iShares Semiconductor ETF Trading Up 2.3%

NASDAQ SOXX traded up $11.33 on Monday, hitting $504.72. 5,800,821 shares of the company were exchanged, compared to its average volume of 8,277,463. The company has a market cap of $41.79 billion, a PE ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 12 month low of $260.44 and a 12 month high of $655.95. The stock has a fifty day moving average of $536.87 and a 200-day moving average of $523.75.

iShares Semiconductor ETF shares are going to split on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $0.3250 dividend. This represents a $1.30 annualized dividend and a yield of 0.3%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date of this dividend was Tuesday, September 15th.

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.