Alaska Wealth Advisors LLC Has $3.90 Million Stock Holdings in iShares Semiconductor ETF $SOXX

Alaska Wealth Advisors LLC lowered its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 15.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 11,882 shares of the exchange traded fund’s stock after selling 2,238 shares during the period. iShares Semiconductor ETF comprises about 0.5% of Alaska Wealth Advisors LLC’s holdings, making the stock its 26th biggest position. Alaska Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $3,905,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Goldman Sachs Group Inc. boosted its stake in iShares Semiconductor ETF by 47.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after buying an additional 941,363 shares in the last quarter. Morgan Stanley lifted its stake in iShares Semiconductor ETF by 30.0% in the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after purchasing an additional 547,109 shares during the last quarter. Bank of America Corp DE boosted its position in iShares Semiconductor ETF by 7.2% in the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after buying an additional 159,203 shares in the last quarter. LPL Financial LLC boosted its position in iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after buying an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in 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 in the last quarter.

iShares Semiconductor ETF Stock Performance

NASDAQ SOXX opened at $599.70 on Thursday. The firm’s fifty day moving average price is $547.04 and its two-hundred day moving average price is $413.11. The stock has a market cap of $44.53 billion, a PE ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.2827 per share. The ex-dividend date was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.