Royal Bank of Canada Purchases 95,669 Shares of iShares Semiconductor ETF $SOXX

Royal Bank of Canada increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 28.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 433,384 shares of the exchange traded fund’s stock after purchasing an additional 95,669 shares during the quarter. Royal Bank of Canada owned approximately 0.67% of iShares Semiconductor ETF worth $142,437,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. BOKF NA bought a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth approximately $30,000. Commonwealth Retirement Investments LLC acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth $32,000. Wealth Watch Advisors INC boosted its stake in iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 78 shares during the period. SHP Wealth Management acquired a new position in iShares Semiconductor ETF in the 4th quarter worth $38,000. Finally, Optima Capital LLC bought a new position in iShares Semiconductor ETF during the 4th quarter worth about $41,000.

iShares Semiconductor ETF Price Performance

SOXX opened at $504.53 on Friday. The company has a market capitalization of $41.70 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The business’s 50-day moving average price is $570.85 and its two-hundred day moving average price is $448.07. iShares Semiconductor ETF has a 1 year low of $232.33 and a 1 year high of $655.95.

iShares Semiconductor ETF Increases Dividend

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

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.