First Interstate Bank Sells 23,367 Shares of iShares Semiconductor ETF $SOXX

First Interstate Bank reduced its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 94.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,382 shares of the exchange traded fund’s stock after selling 23,367 shares during the quarter. First Interstate Bank’s holdings in iShares Semiconductor ETF were worth $454,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SOXX. IAG Wealth Partners LLC lifted its position in shares of iShares Semiconductor ETF by 5.7% during the 1st quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 25 shares during the last quarter. Cvfg LLC grew its holdings in iShares Semiconductor ETF by 10.5% in the 1st quarter. Cvfg LLC now owns 2,546 shares of the exchange traded fund’s stock valued at $837,000 after buying an additional 241 shares during the last quarter. Centerpoint Advisory Group acquired a new stake in iShares Semiconductor ETF in the 1st quarter valued at approximately $474,000. Kiley Juergens Wealth Management LLC bought a new position in iShares Semiconductor ETF in the 1st quarter worth approximately $227,000. Finally, Ascentis Independent Advisors lifted its holdings in shares of iShares Semiconductor ETF by 130.7% during the first quarter. Ascentis Independent Advisors now owns 2,888 shares of the exchange traded fund’s stock worth $949,000 after buying an additional 1,636 shares during the last quarter.

iShares Semiconductor ETF Stock Up 1.9%

Shares of SOXX stock opened at $562.03 on Thursday. iShares Semiconductor ETF has a 12 month low of $232.33 and a 12 month high of $655.95. The firm has a market cap of $40.63 billion, a PE ratio of 31.84 and a beta of 1.77. The stock has a 50 day moving average of $559.39 and a 200-day moving average of $422.67.

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. 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. 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.