iShares Semiconductor ETF $SOXX Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 19.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,187 shares of the exchange traded fund’s stock after selling 533 shares during the period. HB Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $522,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its holdings in iShares Semiconductor ETF by 220.2% during the first quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after buying an additional 665,867 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Semiconductor ETF by 7.3% during the first quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after buying an additional 57,350 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in 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 buying an additional 371,122 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in iShares Semiconductor ETF by 7.0% during the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock worth $65,062,000 after buying an additional 22,675 shares in the last quarter. Finally, Donaldson Capital Management LLC boosted its holdings in iShares Semiconductor ETF by 2.2% during the first quarter. Donaldson Capital Management LLC now owns 319,441 shares of the exchange traded fund’s stock worth $60,109,000 after buying an additional 6,992 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXX opened at $279.96 on Friday. The stock has a market capitalization of $15.30 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $284.34. The company has a 50 day moving average price of $253.18 and a 200 day moving average price of $223.65.

iShares Semiconductor ETF Increases Dividend

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

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).