Fairvoy Private Wealth LLC Buys Shares of 4,867 iShares Semiconductor ETF $SOXX

Fairvoy Private Wealth LLC purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,867 shares of the exchange traded fund’s stock, valued at approximately $1,600,000.

Other institutional investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake in 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 last quarter. Morgan Stanley boosted its stake in shares of iShares Semiconductor ETF by 30.0% during the 4th 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 last quarter. Bank of America Corp DE grew its holdings in shares of iShares Semiconductor ETF by 7.2% during the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after buying an additional 159,203 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Semiconductor ETF by 1.7% during the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock worth $313,733,000 after buying an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of iShares Semiconductor ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock valued at $290,207,000 after buying an additional 121,561 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $625.20 on Friday. The company has a market capitalization of $40.51 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The company’s 50 day simple moving average is $530.96 and its 200 day simple moving average is $404.74. iShares Semiconductor ETF has a 1 year low of $232.33 and a 1 year high of $655.95.

iShares Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.2827 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%.

iShares Semiconductor ETF 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.