iShares Semiconductor ETF $SOXX Shares Sold by Armor Investment Advisors LLC

Armor Investment Advisors LLC lowered its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 11,604 shares of the exchange traded fund’s stock after selling 257 shares during the quarter. iShares Semiconductor ETF comprises 1.0% of Armor Investment Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Armor Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $2,770,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bison Wealth LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $201,000. Choreo LLC boosted its holdings in shares of iShares Semiconductor ETF by 6.8% in the 1st quarter. Choreo LLC now owns 2,018 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 129 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of iShares Semiconductor ETF in the 1st quarter valued at $372,000. AE Wealth Management LLC raised its stake in iShares Semiconductor ETF by 1.5% during the 1st quarter. AE Wealth Management LLC now owns 4,312 shares of the exchange traded fund’s stock worth $811,000 after acquiring an additional 62 shares in the last quarter. Finally, Pinnacle Associates Ltd. raised its stake in iShares Semiconductor ETF by 401.4% during the 1st quarter. Pinnacle Associates Ltd. now owns 5,876 shares of the exchange traded fund’s stock worth $1,106,000 after acquiring an additional 4,704 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $282.70 on Tuesday. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $312.79. The stock has a market cap of $15.11 billion, a PE ratio of 31.84 and a beta of 1.51. The firm has a fifty day moving average price of $285.05 and a 200 day moving average price of $252.38.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a $0.5407 dividend. This represents a $2.16 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, September 16th. This is an increase 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).