Evolution Wealth Advisors LLC Has $2.42 Million Stock Holdings in iShares Semiconductor ETF $SOXX

Evolution Wealth Advisors LLC decreased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 12.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,124 shares of the exchange traded fund’s stock after selling 1,395 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $2,417,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bison Wealth LLC acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter worth $201,000. Edgestream Partners L.P. grew its stake in iShares Semiconductor ETF by 9.9% in the first quarter. Edgestream Partners L.P. now owns 2,804 shares of the exchange traded fund’s stock valued at $528,000 after purchasing an additional 253 shares in the last quarter. Dakota Wealth Management increased its position in iShares Semiconductor ETF by 5.9% in the 1st quarter. Dakota Wealth Management now owns 1,217 shares of the exchange traded fund’s stock worth $229,000 after purchasing an additional 68 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of iShares Semiconductor ETF by 55.4% during the 1st quarter. Wealthfront Advisers LLC now owns 45,231 shares of the exchange traded fund’s stock worth $8,511,000 after purchasing an additional 16,116 shares in the last quarter. Finally, Csenge Advisory Group acquired a new stake in shares of iShares Semiconductor ETF during the 1st quarter valued at about $776,000.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $289.38 on Friday. The business has a 50 day simple moving average of $281.35 and a 200 day simple moving average of $247.00. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $312.79. The stock has a market cap of $15.47 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $0.5407 dividend. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 annualized dividend and a yield of 0.7%. 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).