Cypress Wealth Services LLC Increases Stake in iShares Semiconductor ETF $SOXX

Cypress Wealth Services LLC lifted its stake in iShares Semiconductor ETF (NASDAQ:SOXXFree Report) by 6.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,822 shares of the exchange traded fund’s stock after purchasing an additional 114 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares Semiconductor ETF were worth $435,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SOXX. BNP Paribas Financial Markets raised its position in shares of iShares Semiconductor ETF by 220.2% in the 1st quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock valued at $182,198,000 after purchasing an additional 665,867 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its position in iShares Semiconductor ETF by 4,151.3% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after buying an additional 371,122 shares during the last quarter. LPL Financial LLC raised its position in iShares Semiconductor ETF by 7.3% during the 1st quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after buying an additional 57,350 shares during the last quarter. Avondale Wealth Management raised its position in iShares Semiconductor ETF by 528.7% during the 2nd quarter. Avondale Wealth Management now owns 44,796 shares of the exchange traded fund’s stock worth $10,693,000 after buying an additional 37,671 shares during the last quarter. Finally, Clark Capital Management Group Inc. purchased a new position in iShares Semiconductor ETF during the 1st quarter worth approximately $6,149,000.

iShares Semiconductor ETF Trading Down 2.1%

SOXX opened at $279.03 on Wednesday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $292.51. The firm has a market capitalization of $14.96 billion, a PE ratio of 31.84 and a beta of 1.34. The firm has a 50 day moving average of $259.01 and a two-hundred day moving average of $227.93.

iShares Semiconductor ETF Increases Dividend

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

iShares Semiconductor ETF Profile

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

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