Avalon Trust Co Cuts Position in iShares Semiconductor ETF $SOXX

Avalon Trust Co lessened its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 37.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,750 shares of the exchange traded fund’s stock after selling 1,050 shares during the quarter. Avalon Trust Co’s holdings in iShares Semiconductor ETF were worth $418,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SOXX. Rehmann Capital Advisory Group boosted its holdings in shares of iShares Semiconductor ETF by 2.4% in the 2nd quarter. Rehmann Capital Advisory Group now owns 1,801 shares of the exchange traded fund’s stock worth $430,000 after purchasing an additional 42 shares in the last quarter. CWM LLC boosted its stake in iShares Semiconductor ETF by 1.0% in the second quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock worth $1,157,000 after buying an additional 49 shares in the last quarter. First Horizon Advisors Inc. grew its position in iShares Semiconductor ETF by 1.3% during the second quarter. First Horizon Advisors Inc. now owns 3,684 shares of the exchange traded fund’s stock valued at $880,000 after acquiring an additional 49 shares during the last quarter. RB Capital Management LLC raised its stake in shares of iShares Semiconductor ETF by 2.7% during the second quarter. RB Capital Management LLC now owns 2,033 shares of the exchange traded fund’s stock worth $485,000 after acquiring an additional 53 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its stake in shares of iShares Semiconductor ETF by 4.7% during the first quarter. Signature Estate & Investment Advisors LLC now owns 1,194 shares of the exchange traded fund’s stock worth $225,000 after acquiring an additional 54 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $299.67 on Thursday. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $312.79. The company has a fifty day moving average of $280.44 and a 200-day moving average of $246.70. The stock has a market capitalization of $16.02 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 annualized dividend and a yield of 0.7%.

iShares Semiconductor ETF Company 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).