Align Financial LLC Invests $14.97 Million in iShares Semiconductor ETF $SOXX

Align Financial LLC acquired a new position in iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 49,719 shares of the exchange traded fund’s stock, valued at approximately $14,973,000. Align Financial LLC owned about 0.08% of iShares Semiconductor ETF as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. Citizens Financial Group Inc. RI grew its position in shares of iShares Semiconductor ETF by 2.0% in the 4th quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock worth $486,000 after buying an additional 31 shares during the last quarter. Rinkey Investments grew its position in shares of iShares Semiconductor ETF by 2.3% in the 4th quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after buying an additional 36 shares during the last quarter. First Heartland Consultants Inc. grew its position in shares of iShares Semiconductor ETF by 1.1% in the 4th quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock worth $992,000 after buying an additional 37 shares during the last quarter. Madison Wealth Partners Inc boosted its position in shares of iShares Semiconductor ETF by 1.7% during the fourth quarter. Madison Wealth Partners Inc now owns 2,206 shares of the exchange traded fund’s stock valued at $664,000 after purchasing an additional 37 shares in the last quarter. Finally, Secure Asset Management LLC boosted its position in shares of iShares Semiconductor ETF by 4.6% during the fourth quarter. Secure Asset Management LLC now owns 871 shares of the exchange traded fund’s stock valued at $262,000 after purchasing an additional 38 shares in the last quarter.

iShares Semiconductor ETF Stock Up 1.4%

NASDAQ SOXX opened at $599.73 on Thursday. iShares Semiconductor ETF has a twelve month low of $221.86 and a twelve month high of $629.72. The firm has a market capitalization of $38.86 billion, a PE ratio of 31.84 and a beta of 1.80. The stock’s 50 day moving average is $501.24 and its 200 day moving average is $391.06.

iShares Semiconductor ETF Increases Dividend

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