Valeo Financial Advisors LLC Purchases 4,063 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Valeo Financial Advisors LLC raised its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 280.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,511 shares of the exchange traded fund’s stock after purchasing an additional 4,063 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,245,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SOXX. International Assets Investment Management LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $419,921,000. Global Assets Advisory LLC acquired a new stake in shares of iShares Semiconductor ETF in the first quarter valued at about $107,385,000. BNP Paribas Financial Markets grew its stake in iShares Semiconductor ETF by 46.9% during the fourth quarter. BNP Paribas Financial Markets now owns 313,094 shares of the exchange traded fund’s stock worth $180,373,000 after purchasing an additional 99,970 shares during the period. IMC Chicago LLC acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth approximately $32,479,000. Finally, Yarbrough Capital LLC grew its stake in iShares Semiconductor ETF by 200.0% during the first quarter. Yarbrough Capital LLC now owns 82,383 shares of the exchange traded fund’s stock worth $18,612,000 after purchasing an additional 54,922 shares during the period.

iShares Semiconductor ETF Trading Up 1.7 %

NASDAQ SOXX traded up $4.17 during trading hours on Wednesday, hitting $254.26. 1,389,210 shares of the company’s stock were exchanged, compared to its average volume of 3,630,792. The stock has a 50-day simple moving average of $234.56 and a 200 day simple moving average of $217.00. iShares Semiconductor ETF has a 1-year low of $144.40 and a 1-year high of $260.65. The firm has a market cap of $14.71 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a dividend of $0.3103 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.24 annualized dividend and a yield of 0.49%.

iShares Semiconductor ETF 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).