iShares Semiconductor ETF $SOXX Holdings Lifted by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 570.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,559 shares of the exchange traded fund’s stock after acquiring an additional 14,940 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares Semiconductor ETF were worth $5,771,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Laurel Oak Wealth Management LLC lifted its stake in shares of iShares Semiconductor ETF by 0.3% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 10,226 shares of the exchange traded fund’s stock valued at $3,361,000 after acquiring an additional 26 shares during the last quarter. Citizens Financial Group Inc. RI grew its position in iShares Semiconductor ETF by 2.0% during the 4th quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock worth $486,000 after acquiring an additional 31 shares during the last quarter. Pathway Financial Advisers LLC increased its holdings in iShares Semiconductor ETF by 1.6% in the 1st quarter. Pathway Financial Advisers LLC now owns 2,135 shares of the exchange traded fund’s stock worth $702,000 after purchasing an additional 33 shares in the last quarter. Rehmann Capital Advisory Group raised its position in iShares Semiconductor ETF by 2.7% in the fourth quarter. Rehmann Capital Advisory Group now owns 1,312 shares of the exchange traded fund’s stock valued at $395,000 after purchasing an additional 34 shares during the last quarter. Finally, Rinkey Investments raised its position in iShares Semiconductor ETF by 2.3% in the fourth quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock valued at $473,000 after purchasing an additional 36 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $566.32 on Friday. The company has a market capitalization of $42.05 billion, a P/E ratio of 31.84 and a beta of 1.77. The company has a fifty day moving average price of $552.64 and a 200-day moving average price of $416.05. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95.

iShares Semiconductor ETF Increases Dividend

The business also recently announced 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 of this dividend was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%. This is an increase 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.