Ehrlich Financial Group Buys Shares of 4,712 iShares Semiconductor ETF $SOXX

Ehrlich Financial Group purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 4,712 shares of the exchange traded fund’s stock, valued at approximately $1,278,000.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in iShares Semiconductor ETF by 7.2% in the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after acquiring an additional 159,203 shares during the period. Rockefeller Capital Management L.P. raised its holdings in iShares Semiconductor ETF by 12.7% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 361,353 shares of the exchange traded fund’s stock valued at $94,170,000 after buying an additional 40,707 shares during the period. LMR Partners LLP lifted its position in iShares Semiconductor ETF by 17.9% in the second quarter. LMR Partners LLP now owns 330,000 shares of the exchange traded fund’s stock valued at $78,771,000 after buying an additional 50,000 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Semiconductor ETF by 6.1% during the second quarter. Ameriprise Financial Inc. now owns 301,244 shares of the exchange traded fund’s stock worth $71,934,000 after buying an additional 17,202 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares Semiconductor ETF by 20.7% during the second quarter. Commonwealth Equity Services LLC now owns 278,397 shares of the exchange traded fund’s stock valued at $66,453,000 after acquiring an additional 47,718 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $306.04 on Friday. The firm has a market cap of $16.36 billion, a P/E ratio of 31.84 and a beta of 1.51. The firm’s 50 day moving average price is $297.33 and its 200-day moving average price is $267.33. iShares Semiconductor ETF has a one year low of $148.31 and a one year high of $317.35.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.4363 per share. This represents a $1.75 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, December 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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.