Soltis Investment Advisors LLC Takes $294,000 Position in iShares Semiconductor ETF $SOXX

Soltis Investment Advisors LLC bought a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, Holdings Channel.com reports. The firm bought 1,230 shares of the exchange traded fund’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GFG Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the second quarter valued at about $32,000. Crews Bank & Trust boosted its holdings in shares of iShares Semiconductor ETF by 1,666.7% in the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 150 shares during the last quarter. Hopwood Financial Services Inc. increased 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 purchased a new position in shares of iShares Semiconductor ETF during the second quarter worth $59,000. Finally, Huntington National Bank grew 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 worth $91,000 after purchasing an additional 382 shares during the period.

iShares Semiconductor ETF Stock Down 1.0%

iShares Semiconductor ETF stock opened at $294.38 on Friday. The business’s 50-day moving average price is $277.10 and its 200 day moving average price is $243.13. 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.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.5407 per share. This is a positive change 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 annualized dividend and a dividend yield of 0.7%.

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).