iShares Semiconductor ETF $SOXX Position Boosted by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 4.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 159,111 shares of the exchange traded fund’s stock after purchasing an additional 6,953 shares during the period. iShares Semiconductor ETF accounts for about 1.3% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its 11th biggest holding. Analyst IMS Investment Management Services Ltd.’s holdings in iShares Semiconductor ETF were worth $43,138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rehmann Capital Advisory Group lifted its holdings in iShares Semiconductor ETF by 2.4% during the 2nd quarter. Rehmann Capital Advisory Group now owns 1,801 shares of the exchange traded fund’s stock worth $430,000 after buying an additional 42 shares during the last quarter. Condor Capital Management raised its position in shares of iShares Semiconductor ETF by 0.4% during the 2nd quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock valued at $2,357,000 after acquiring an additional 43 shares in the last quarter. Blue Trust Inc. raised its position in shares of iShares Semiconductor ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 44 shares in the last quarter. CWM LLC lifted its stake in iShares Semiconductor ETF by 1.0% during the second quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock worth $1,157,000 after purchasing an additional 49 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in iShares Semiconductor ETF by 1.3% in the second quarter. First Horizon Advisors Inc. now owns 3,684 shares of the exchange traded fund’s stock worth $880,000 after purchasing an additional 49 shares during the period.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $305.32 on Tuesday. The firm has a market cap of $16.32 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $317.35. The firm has a fifty day moving average price of $297.57 and a two-hundred day moving average price of $268.17.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $0.4363 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.