Arax Advisory Partners Purchases Shares of 4,683 iShares Semiconductor ETF $SOXX

Arax Advisory Partners purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,683 shares of the exchange traded fund’s stock, valued at approximately $1,410,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BOKF NA bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at $30,000. Commonwealth Retirement Investments LLC bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at $32,000. Strategic Advocates LLC bought a new stake in iShares Semiconductor ETF in the 3rd quarter valued at $35,000. Optima Capital LLC bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at $41,000. Finally, Rossby Financial LCC bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at $42,000.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $628.45 on Tuesday. The firm has a market capitalization of $40.72 billion, a PE ratio of 31.84 and a beta of 1.80. The company’s fifty day moving average price is $491.10 and its two-hundred day moving average price is $386.77. iShares Semiconductor ETF has a 52-week low of $221.86 and a 52-week high of $629.72.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be paid a $0.2827 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.13 annualized dividend and a dividend 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.