Avaii Wealth Management LLC Has $6.61 Million Holdings in iShares Semiconductor ETF $SOXX

Avaii Wealth Management LLC grew its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 13.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,671 shares of the exchange traded fund’s stock after purchasing an additional 3,265 shares during the quarter. iShares Semiconductor ETF comprises approximately 2.9% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. Avaii Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $6,605,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its position in iShares Semiconductor ETF by 220.2% during the 1st quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after buying an additional 665,867 shares during the period. LPL Financial LLC grew its stake in shares of iShares Semiconductor ETF by 7.3% in the first quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock valued at $158,815,000 after acquiring an additional 57,350 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in iShares Semiconductor ETF by 4,151.3% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after acquiring an additional 371,122 shares during the period. Raymond James Financial Inc. increased its position in iShares Semiconductor ETF by 7.0% during the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock worth $65,062,000 after acquiring an additional 22,675 shares during the period. Finally, Donaldson Capital Management LLC raised its stake in iShares Semiconductor ETF by 2.2% in the 1st quarter. Donaldson Capital Management LLC now owns 319,441 shares of the exchange traded fund’s stock worth $60,109,000 after purchasing an additional 6,992 shares in the last quarter.

iShares Semiconductor ETF Stock Down 0.2%

NASDAQ SOXX opened at $269.10 on Thursday. The firm has a 50-day moving average price of $249.05 and a two-hundred day moving average price of $219.99. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $272.13. The company has a market capitalization of $14.88 billion, a P/E ratio of 31.84 and a beta of 1.34.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a dividend of $0.5407 per share. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, September 16th.

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).