SVB Wealth LLC Purchases Shares of 2,112 iShares Semiconductor ETF (NASDAQ:SOXX)

SVB Wealth LLC purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,112 shares of the exchange traded fund’s stock, valued at approximately $477,000.

A number of other large investors have also modified their holdings of SOXX. Gerber LLC purchased a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $403,000. Twin Focus Capital Partners LLC grew its stake in iShares Semiconductor ETF by 107.6% during the 4th quarter. Twin Focus Capital Partners LLC now owns 2,885 shares of the exchange traded fund’s stock valued at $1,662,000 after purchasing an additional 1,495 shares during the last quarter. Astoria Portfolio Advisors LLC. acquired a new position in shares of iShares Semiconductor ETF in the first quarter valued at about $227,000. Brookstone Capital Management raised its stake in shares of iShares Semiconductor ETF by 272.4% in the first quarter. Brookstone Capital Management now owns 8,229 shares of the exchange traded fund’s stock worth $1,859,000 after purchasing an additional 6,019 shares during the last quarter. Finally, LRI Investments LLC acquired a new stake in shares of iShares Semiconductor ETF during the first quarter worth about $33,000.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX traded down $3.22 during midday trading on Tuesday, hitting $225.67. The company’s stock had a trading volume of 1,248,680 shares, compared to its average volume of 3,675,748. iShares Semiconductor ETF has a fifty-two week low of $144.40 and a fifty-two week high of $267.24. The firm has a market cap of $14.25 billion, a P/E ratio of 10.60 and a beta of 1.34. The firm’s 50 day moving average is $245.42 and its 200-day moving average is $225.03.

iShares Semiconductor ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.3103 per share. This represents a $1.24 annualized dividend and a yield of 0.55%. The ex-dividend date was Tuesday, June 11th.

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).