RFG Advisory LLC Purchases 14,633 Shares of iShares Semiconductor ETF $SOXX

RFG Advisory LLC raised its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 319.1% during the second quarter, HoldingsChannel reports. The firm owned 19,219 shares of the exchange traded fund’s stock after purchasing an additional 14,633 shares during the period. RFG Advisory LLC’s holdings in iShares Semiconductor ETF were worth $12,315,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SOXX. BOKF NA bought a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $30,000. Commonwealth Retirement Investments LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter valued at about $32,000. Wealth Watch Advisors INC raised its holdings in iShares Semiconductor ETF by 278.6% in the fourth 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 in the last quarter. Gould Capital LLC lifted its position in iShares Semiconductor ETF by 39.2% during the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 31 shares during the last quarter. Finally, SHP Wealth Management acquired a new stake in iShares Semiconductor ETF in the fourth quarter valued at approximately $38,000.

iShares Semiconductor ETF Trading Up 1.6%

Shares of SOXX opened at $528.40 on Wednesday. The stock has a fifty day moving average price of $533.68 and a 200-day moving average price of $483.09. iShares Semiconductor ETF has a 12 month low of $247.23 and a 12 month high of $655.95. The firm has a market cap of $47.37 billion, a PE ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are set to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.2827 per share. 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 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). 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.