Bank of Montreal Can Has $10.42 Million Stock Position in iShares Semiconductor ETF $SOXX

Bank of Montreal Can lowered its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 18.8% during the second quarter, HoldingsChannel reports. The fund owned 43,641 shares of the exchange traded fund’s stock after selling 10,120 shares during the quarter. Bank of Montreal Can’s holdings in iShares Semiconductor ETF were worth $10,417,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Intellectus Partners LLC grew its position in iShares Semiconductor ETF by 28.2% in the 2nd quarter. Intellectus Partners LLC now owns 7,986 shares of the exchange traded fund’s stock worth $1,906,000 after purchasing an additional 1,756 shares during the last quarter. Telos Capital Management Inc. lifted its stake in shares of iShares Semiconductor ETF by 2.5% in the second quarter. Telos Capital Management Inc. now owns 5,211 shares of the exchange traded fund’s stock valued at $1,244,000 after buying an additional 127 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in shares of iShares Semiconductor ETF by 93.1% in the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 17,358 shares of the exchange traded fund’s stock valued at $4,143,000 after buying an additional 8,367 shares during the period. Welch & Forbes LLC grew its position in iShares Semiconductor ETF by 6.7% during the second quarter. Welch & Forbes LLC now owns 1,509 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 95 shares in the last quarter. Finally, Lifeworks Advisors LLC acquired a new stake in iShares Semiconductor ETF during the second quarter worth about $549,000.

iShares Semiconductor ETF Stock Down 1.0%

iShares Semiconductor ETF stock opened at $294.38 on Friday. The business has a 50 day moving average price of $277.10 and a two-hundred day moving average price of $243.68. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $312.79. The stock 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 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 given a $0.5407 dividend. This represents a $2.16 annualized dividend and a yield of 0.7%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend 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).