Centerpoint Advisory Group Buys New Position in iShares Semiconductor ETF $SOXX

Centerpoint Advisory Group bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,441 shares of the exchange traded fund’s stock, valued at approximately $474,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. BOKF NA acquired a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $30,000. Commonwealth Retirement Investments LLC acquired a new stake in iShares Semiconductor ETF in the fourth quarter worth $32,000. Wealth Watch Advisors INC grew its holdings in iShares Semiconductor ETF by 278.6% in the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 78 shares during the period. Strategic Advocates LLC bought a new stake in iShares Semiconductor ETF in the third quarter valued at $35,000. Finally, SHP Wealth Management acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter valued at about $38,000.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $549.95 on Tuesday. The company’s 50-day moving average is $555.45 and its 200-day moving average is $418.89. The stock has a market capitalization of $39.38 billion, a PE ratio of 31.84 and a beta of 1.77. 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2827 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 15th.

About iShares Semiconductor ETF

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.