J.W. Cole Advisors Inc. Increases Stock Holdings in iShares Semiconductor ETF $SOXX

J.W. Cole Advisors Inc. increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 10.3% in the second quarter, Holdings Channel.com reports. The fund owned 14,921 shares of the exchange traded fund’s stock after acquiring an additional 1,397 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Semiconductor ETF were worth $3,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in iShares Semiconductor ETF by 220.2% in the 1st 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. Rockefeller Capital Management L.P. raised its position in shares of iShares Semiconductor ETF by 12.7% in the second quarter. Rockefeller Capital Management L.P. now owns 361,353 shares of the exchange traded fund’s stock worth $94,170,000 after buying an additional 40,707 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares Semiconductor ETF by 7.0% during the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock valued at $65,062,000 after buying an additional 22,675 shares during the period. Ameriprise Financial Inc. grew its position in iShares Semiconductor ETF by 1.8% during the first quarter. Ameriprise Financial Inc. now owns 284,042 shares of the exchange traded fund’s stock worth $53,444,000 after buying an additional 5,107 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in iShares Semiconductor ETF by 20.7% during the second quarter. Commonwealth Equity Services LLC now owns 278,397 shares of the exchange traded fund’s stock worth $66,453,000 after buying an additional 47,718 shares in the last quarter.

iShares Semiconductor ETF Stock Up 2.8%

Shares of NASDAQ SOXX opened at $291.39 on Thursday. The stock’s 50-day simple moving average is $286.21 and its two-hundred day simple moving average is $253.28. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $312.79. The firm has a market capitalization of $15.57 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed 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 dividend yield of 0.7%. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date was Tuesday, September 16th.

About iShares Semiconductor ETF

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).