Apollon Wealth Management LLC Buys 120 Shares of iShares Semiconductor ETF $SOXX

Apollon Wealth Management LLC increased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,944 shares of the exchange traded fund’s stock after buying an additional 120 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $2,612,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. RB Capital Management LLC raised its stake in iShares Semiconductor ETF by 2.7% in the second quarter. RB Capital Management LLC now owns 2,033 shares of the exchange traded fund’s stock worth $485,000 after buying an additional 53 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its stake in iShares Semiconductor ETF by 4.7% in the first quarter. Signature Estate & Investment Advisors LLC now owns 1,194 shares of the exchange traded fund’s stock worth $225,000 after buying an additional 54 shares in the last quarter. Money Concepts Capital Corp raised its stake in iShares Semiconductor ETF by 0.5% in the first quarter. Money Concepts Capital Corp now owns 11,090 shares of the exchange traded fund’s stock worth $2,087,000 after buying an additional 58 shares in the last quarter. AE Wealth Management LLC lifted its position in iShares Semiconductor ETF by 1.5% during the first quarter. AE Wealth Management LLC now owns 4,312 shares of the exchange traded fund’s stock valued at $811,000 after buying an additional 62 shares during the period. Finally, Summit X LLC lifted its position in iShares Semiconductor ETF by 2.2% during the first quarter. Summit X LLC now owns 2,871 shares of the exchange traded fund’s stock valued at $540,000 after buying an additional 63 shares during the period.

iShares Semiconductor ETF Trading Down 6.3%

Shares of iShares Semiconductor ETF stock opened at $271.99 on Monday. The firm has a market capitalization of $14.58 billion, a P/E ratio of 31.84 and a beta of 1.34. The business has a fifty day simple moving average of $257.32 and a two-hundred day simple moving average of $226.68. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $292.51.

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 given a dividend of $0.5407 per share. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, September 16th.

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).