Sigma Planning Corp Reduces Stake in iShares Semiconductor ETF $SOXX

Sigma Planning Corp lowered its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 54.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,924 shares of the exchange traded fund’s stock after selling 4,626 shares during the period. Sigma Planning Corp’s holdings in iShares Semiconductor ETF were worth $1,290,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SOXX. Goldman Sachs Group Inc. lifted its stake in shares of iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after purchasing an additional 941,363 shares during the period. Morgan Stanley grew its position in iShares Semiconductor ETF by 30.0% during the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after purchasing an additional 547,109 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Semiconductor ETF by 7.2% during the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after acquiring an additional 159,203 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Semiconductor ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock valued at $313,733,000 after purchasing an additional 17,038 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of iShares Semiconductor ETF by 14.4% in the 4th quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock worth $290,207,000 after purchasing an additional 121,561 shares in the last quarter.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $521.81 on Friday. iShares Semiconductor ETF has a 1-year low of $232.33 and a 1-year high of $655.95. The business has a fifty day moving average price of $570.18 and a 200-day moving average price of $434.16. The stock has a market capitalization of $42.24 billion, a P/E ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2827 dividend. This represents a $1.13 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.