Ibex Wealth Advisors Takes $1.54 Million Position in iShares Semiconductor ETF $SOXX

Ibex Wealth Advisors acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,429 shares of the exchange traded fund’s stock, valued at approximately $1,535,000.

A number of other institutional investors also recently added to or reduced their stakes in SOXX. BNP Paribas Financial Markets raised its holdings 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 worth $182,198,000 after purchasing an additional 665,867 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of iShares Semiconductor ETF by 4,151.3% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock valued at $71,516,000 after buying an additional 371,122 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Semiconductor ETF by 7.3% in 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. Commonwealth Equity Services LLC raised its stake in shares of iShares Semiconductor ETF by 20.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 278,397 shares of the exchange traded fund’s stock worth $66,453,000 after acquiring an additional 47,718 shares in the last quarter. Finally, Avondale Wealth Management raised its stake in shares of 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 acquiring an additional 37,671 shares in the last quarter.

iShares Semiconductor ETF Stock Down 1.0%

Shares of SOXX opened at $294.38 on Monday. The company 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 twelve month low of $148.31 and a twelve month high of $312.79. The company has a 50 day moving average of $277.10 and a two-hundred day moving average of $244.22.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed 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. The ex-dividend date was Tuesday, September 16th. This represents a $2.16 annualized dividend and a dividend yield of 0.7%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).