Capital Investment Counsel LLC Decreases Position in iShares Semiconductor ETF $SOXX

Capital Investment Counsel LLC trimmed its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 4.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,098 shares of the exchange traded fund’s stock after selling 1,918 shares during the quarter. iShares Semiconductor ETF comprises approximately 1.8% of Capital Investment Counsel LLC’s portfolio, making the stock its 16th biggest position. Capital Investment Counsel LLC owned approximately 0.06% of iShares Semiconductor ETF worth $12,850,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SOXX. BOKF NA purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter valued at $30,000. Commonwealth Retirement Investments LLC acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at $32,000. Wealth Watch Advisors INC grew its holdings in shares of 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 worth $32,000 after purchasing an additional 78 shares during the last quarter. SHP Wealth Management purchased a new position in shares of iShares Semiconductor ETF during the fourth quarter worth about $38,000. Finally, Strategic Advocates LLC acquired a new stake in shares of iShares Semiconductor ETF during the third quarter worth about $35,000.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $614.35 on Tuesday. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95. The company has a market capitalization of $39.81 billion, a P/E ratio of 31.84 and a beta of 1.80. The stock has a 50-day simple moving average of $538.89 and a 200-day simple moving average of $408.82.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2827 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is an increase 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%.

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.