KCM Investment Advisors LLC Acquires 27,886 Shares of iShares Semiconductor ETF $SOXX

KCM Investment Advisors LLC increased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 295.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 37,330 shares of the exchange traded fund’s stock after purchasing an additional 27,886 shares during the period. KCM Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $8,911,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. GFG Capital LLC bought a new position in iShares Semiconductor ETF during the 2nd quarter worth $32,000. Crews Bank & Trust raised its position in shares of iShares Semiconductor ETF by 1,666.7% during the second quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 150 shares during the last quarter. Hopwood Financial Services Inc. lifted its stake in shares of iShares Semiconductor ETF by 50.0% in the first quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 70 shares during the period. Compagnie Lombard Odier SCmA bought a new stake in iShares Semiconductor ETF in the second quarter valued at approximately $59,000. Finally, Huntington National Bank increased its position in iShares Semiconductor ETF by 38,200.0% during the 2nd quarter. Huntington National Bank now owns 383 shares of the exchange traded fund’s stock valued at $91,000 after purchasing an additional 382 shares during the period.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $294.38 on Friday. The firm has a market cap of $15.73 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $312.79. The firm has a 50 day moving average price of $277.10 and a two-hundred day moving average price of $243.13.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a dividend of $0.5407 per share. 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 yield of 0.7%. 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).