iShares Semiconductor ETF $SOXX Shares Bought by Conservest Capital Advisors Inc.

Conservest Capital Advisors Inc. grew its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 454.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,162 shares of the exchange traded fund’s stock after buying an additional 11,607 shares during the period. iShares Semiconductor ETF accounts for approximately 0.4% of Conservest Capital Advisors Inc.’s investment portfolio, making the stock its 29th largest position. Conservest Capital Advisors Inc.’s holdings in iShares Semiconductor ETF were worth $4,654,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings 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 acquiring an additional 941,363 shares during the last quarter. Morgan Stanley increased its stake in iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after acquiring an additional 547,109 shares during the last quarter. Bank of America Corp DE increased its stake in 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 acquiring an additional 159,203 shares during the last quarter. LPL Financial LLC raised 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 purchasing an additional 17,038 shares during the period. Finally, Wells Fargo & Company MN raised 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 purchasing an additional 121,561 shares during the period.

iShares Semiconductor ETF Stock Up 2.6%

Shares of iShares Semiconductor ETF stock opened at $567.92 on Wednesday. iShares Semiconductor ETF has a 52 week low of $232.33 and a 52 week high of $655.95. The business’s fifty day simple moving average is $568.41 and its 200-day simple moving average is $430.20. The firm has a market cap of $46.51 billion, a PE ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The firm 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. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change 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.