Spreng Capital Management Inc. Has $219,000 Holdings in iShares Semiconductor ETF $SOXX

Spreng Capital Management Inc. lessened its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 26.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 916 shares of the exchange traded fund’s stock after selling 330 shares during the period. Spreng Capital Management Inc.’s holdings in iShares Semiconductor ETF were worth $219,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its stake in iShares Semiconductor ETF by 220.2% in the first quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock valued at $182,198,000 after acquiring an additional 665,867 shares during the period. LPL Financial LLC grew its stake in 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 during the period. OVERSEA CHINESE BANKING Corp Ltd grew its stake in iShares Semiconductor ETF by 4,151.3% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock valued at $71,516,000 after acquiring an additional 371,122 shares during the period. Raymond James Financial Inc. grew its stake in iShares Semiconductor ETF by 7.0% in the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock valued at $65,062,000 after acquiring an additional 22,675 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in iShares Semiconductor ETF by 1.8% in the first quarter. Ameriprise Financial Inc. now owns 284,042 shares of the exchange traded fund’s stock valued at $53,444,000 after acquiring an additional 5,107 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $288.17 on Friday. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $292.51. The stock has a 50 day moving average price of $261.89 and a two-hundred day moving average price of $229.44. The stock has a market capitalization of $14.64 billion, a PE ratio of 31.84 and a beta of 1.34.

iShares Semiconductor ETF Increases Dividend

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

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).