iShares Semiconductor ETF $SOXX Shares Purchased by Avondale Wealth Management

Avondale Wealth Management lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 528.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 44,796 shares of the exchange traded fund’s stock after buying an additional 37,671 shares during the period. iShares Semiconductor ETF comprises approximately 6.0% of Avondale Wealth Management’s holdings, making the stock its 5th largest position. Avondale Wealth Management’s holdings in iShares Semiconductor ETF were worth $10,693,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. RB Capital Management LLC grew its stake in iShares Semiconductor ETF by 2.7% during the second quarter. RB Capital Management LLC now owns 2,033 shares of the exchange traded fund’s stock worth $485,000 after purchasing an additional 53 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in shares of iShares Semiconductor ETF by 4.7% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 1,194 shares of the exchange traded fund’s stock worth $225,000 after buying an additional 54 shares in the last quarter. Money Concepts Capital Corp boosted its holdings in shares of iShares Semiconductor ETF by 0.5% during the 1st quarter. Money Concepts Capital Corp now owns 11,090 shares of the exchange traded fund’s stock worth $2,087,000 after buying an additional 58 shares in the last quarter. AE Wealth Management LLC grew its position in shares of iShares Semiconductor ETF by 1.5% during the 1st quarter. AE Wealth Management LLC now owns 4,312 shares of the exchange traded fund’s stock worth $811,000 after buying an additional 62 shares during the period. Finally, Summit X LLC increased its stake in shares of iShares Semiconductor ETF by 2.2% in the 1st quarter. Summit X LLC now owns 2,871 shares of the exchange traded fund’s stock valued at $540,000 after acquiring an additional 63 shares in the last quarter.

iShares Semiconductor ETF Stock Up 0.2%

iShares Semiconductor ETF stock opened at $268.83 on Monday. The company has a market capitalization of $14.87 billion, a PE ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $272.13. The firm’s fifty day moving average is $249.93 and its 200 day moving average is $221.20.

iShares Semiconductor ETF Increases Dividend

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

iShares Semiconductor ETF Company 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).