Corrado Advisors LLC Sells 1,568 Shares of iShares Semiconductor ETF $SOXX

Corrado Advisors LLC reduced its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 17.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 7,518 shares of the exchange traded fund’s stock after selling 1,568 shares during the quarter. iShares Semiconductor ETF accounts for approximately 1.3% of Corrado Advisors LLC’s portfolio, making the stock its 24th largest holding. Corrado Advisors LLC’s holdings in iShares Semiconductor ETF were worth $2,471,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SOXX. BOKF NA bought a new position in iShares Semiconductor ETF during the fourth quarter worth about $30,000. Commonwealth Retirement Investments LLC bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $32,000. Wealth Watch Advisors INC raised its position in shares of iShares Semiconductor ETF by 278.6% in 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 purchased a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at approximately $35,000. Finally, SHP Wealth Management purchased a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at approximately $38,000.

iShares Semiconductor ETF Stock Down 0.1%

Shares of NASDAQ SOXX opened at $581.34 on Friday. iShares Semiconductor ETF has a 52 week low of $232.33 and a 52 week high of $655.95. The business has a 50-day simple moving average of $564.87 and a two-hundred day simple moving average of $425.75. The company has a market cap of $42.03 billion, a P/E 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. Stockholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. 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. This represents a $1.13 annualized dividend and a dividend yield of 0.2%.

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.