Alaska Permanent Capital Management LLC Sells 22,225 Shares of iShares Semiconductor ETF $SOXX

Alaska Permanent Capital Management LLC trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 53.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,042 shares of the exchange traded fund’s stock after selling 22,225 shares during the quarter. iShares Semiconductor ETF accounts for approximately 0.4% of Alaska Permanent Capital Management LLC’s holdings, making the stock its 21st biggest holding. Alaska Permanent Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $6,264,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SOXX. Fulton Bank N.A. raised its position in iShares Semiconductor ETF by 0.6% during the first quarter. Fulton Bank N.A. now owns 28,252 shares of the exchange traded fund’s stock valued at $9,285,000 after purchasing an additional 168 shares during the period. Pathway Financial Advisers LLC raised its holdings in iShares Semiconductor ETF by 1.6% during the 1st quarter. Pathway Financial Advisers LLC now owns 2,135 shares of the exchange traded fund’s stock valued at $702,000 after buying an additional 33 shares during the period. Spinnaker Trust lifted its position in iShares Semiconductor ETF by 1.1% in the first quarter. Spinnaker Trust now owns 27,903 shares of the exchange traded fund’s stock worth $9,171,000 after buying an additional 317 shares during the last quarter. Bigelow Investment Advisors LLC bought a new stake in iShares Semiconductor ETF in the first quarter worth $257,000. Finally, Continuum Advisory LLC lifted its position in iShares Semiconductor ETF by 1.7% in the first quarter. Continuum Advisory LLC now owns 5,234 shares of the exchange traded fund’s stock worth $1,720,000 after buying an additional 89 shares during the last quarter.

iShares Semiconductor ETF Stock Down 6.4%

NASDAQ SOXX opened at $599.70 on Thursday. iShares Semiconductor ETF has a 52 week low of $232.33 and a 52 week high of $655.95. The firm has a market capitalization of $44.53 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The company has a fifty day moving average of $547.04 and a two-hundred day moving average of $413.11.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2827 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a dividend yield of 0.2%.

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.