Bank of Nova Scotia Boosts Stock Holdings in iShares Semiconductor ETF $SOXX

Bank of Nova Scotia grew its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 88.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 851,229 shares of the exchange traded fund’s stock after acquiring an additional 399,612 shares during the quarter. Bank of Nova Scotia owned about 1.31% of iShares Semiconductor ETF worth $279,766,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake in iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after purchasing an additional 941,363 shares during the last quarter. Oasis Management Co Ltd. boosted its position in iShares Semiconductor ETF by 100.4% during the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after acquiring an additional 804,400 shares during the last quarter. Morgan Stanley grew its stake in iShares Semiconductor ETF by 30.0% during the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after acquiring an additional 547,109 shares in the last quarter. Alkeon Capital Management LLC acquired a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $58,001,000. Finally, Bank of America Corp DE lifted its stake in iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after purchasing an additional 159,203 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $551.24 on Friday. iShares Semiconductor ETF has a one year low of $232.33 and a one year high of $655.95. The stock has a market cap of $48.40 billion, a PE ratio of 31.84 and a beta of 1.77. The stock has a 50 day moving average price of $571.69 and a 200 day moving average price of $441.84.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.