Signet Financial Management LLC Buys 99 Shares of iShares Semiconductor ETF $SOXX

Signet Financial Management LLC lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,818 shares of the exchange traded fund’s stock after purchasing an additional 99 shares during the quarter. Signet Financial Management LLC’s holdings in iShares Semiconductor ETF were worth $673,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SOXX. Opal Wealth Advisors LLC bought a new position in iShares Semiconductor ETF in the 1st quarter valued at about $30,000. Tradewinds Capital Management LLC lifted its position in iShares Semiconductor ETF by 2,600.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 156 shares in the last quarter. Hopwood Financial Services Inc. lifted its position in iShares Semiconductor ETF by 50.0% in the 1st quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 70 shares in the last quarter. NBC Securities Inc. bought a new position in iShares Semiconductor ETF in the 1st quarter valued at about $47,000. Finally, Compagnie Lombard Odier SCmA bought a new position in iShares Semiconductor ETF in the 2nd quarter valued at about $59,000.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $268.24 on Friday. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $272.13. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. The firm’s 50-day simple moving average is $249.49 and its 200 day simple moving average is $220.32.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $0.5407 dividend. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date was Tuesday, September 16th. This represents a $2.16 annualized dividend and a yield of 0.8%.

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).