iShares Semiconductor ETF $SOXX Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC decreased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 6.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,304 shares of the exchange traded fund’s stock after selling 168 shares during the period. Cresset Asset Management LLC’s holdings in iShares Semiconductor ETF were worth $434,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SOXX. D. E. Shaw & Co. Inc. acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter worth $95,496,000. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of iShares Semiconductor ETF by 4,151.3% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after purchasing an additional 371,122 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of iShares Semiconductor ETF by 32.0% during the fourth quarter. BNP Paribas Financial Markets now owns 302,395 shares of the exchange traded fund’s stock worth $65,163,000 after purchasing an additional 73,318 shares in the last quarter. J. Goldman & Co LP acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter worth $14,912,000. Finally, LMR Partners LLP grew its stake in shares of iShares Semiconductor ETF by 30.0% during the fourth quarter. LMR Partners LLP now owns 260,000 shares of the exchange traded fund’s stock worth $56,027,000 after purchasing an additional 60,000 shares in the last quarter.

iShares Semiconductor ETF Trading Up 2.8%

Shares of SOXX stock opened at $249.09 on Monday. The firm has a fifty day moving average price of $241.43 and a 200 day moving average price of $213.93. The company has a market cap of $13.77 billion, a P/E ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $255.06.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were paid a dividend of $0.4833 per share. The ex-dividend date was Monday, June 16th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.31. This represents a $1.93 dividend on an annualized basis and a dividend yield of 0.8%.

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).