BCS Wealth Management Decreases Holdings in iShares Semiconductor ETF $SOXX

BCS Wealth Management decreased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 50.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 848 shares of the exchange traded fund’s stock after selling 850 shares during the period. BCS Wealth Management’s holdings in iShares Semiconductor ETF were worth $279,000 as of its most recent filing with the SEC.

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

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $601.50 on Thursday. The company has a market capitalization of $38.98 billion, a P/E ratio of 31.84 and a beta of 1.80. The business has a fifty day simple moving average of $526.48 and a two-hundred day simple moving average of $402.51. 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 declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.2827 per share. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, June 15th. This is a positive change 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.