Banque Cantonale Vaudoise Boosts Stake in iShares Semiconductor ETF $SOXX

Banque Cantonale Vaudoise lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 58.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 20,197 shares of the exchange traded fund’s stock after acquiring an additional 7,416 shares during the period. Banque Cantonale Vaudoise’s holdings in iShares Semiconductor ETF were worth $5,475,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Barnes Dennig Private Wealth Management LLC bought a new position in iShares Semiconductor ETF in the third quarter valued at $25,000. Johnson Financial Group Inc. bought a new stake in iShares Semiconductor ETF during the second quarter worth about $32,000. Financial Consulate Inc. purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth about $34,000. Wellington Shields & Co. LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth about $41,000. Finally, Blue Trust Inc. increased its position in shares of iShares Semiconductor ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 44 shares during the last quarter.

iShares Semiconductor ETF Trading Up 3.9%

Shares of NASDAQ SOXX opened at $336.17 on Tuesday. The stock has a market cap of $20.37 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $368.82. The stock’s 50-day moving average is $341.63 and its 200 day moving average is $303.65.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.4363 per share. This represents a $1.75 dividend on an annualized basis and a yield of 0.5%. 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.