US Bancorp DE Raises Stock Holdings in iShares Semiconductor ETF $SOXX

US Bancorp DE boosted its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 14,655 shares of the exchange traded fund’s stock after acquiring an additional 815 shares during the period. US Bancorp DE’s holdings in iShares Semiconductor ETF were worth $3,498,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new stake in iShares Semiconductor ETF in the 1st quarter valued at about $30,000. Tradewinds Capital Management LLC grew its position in iShares Semiconductor ETF by 2,600.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 156 shares in the last quarter. Crews Bank & Trust grew its position in iShares Semiconductor ETF by 1,666.7% in the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 150 shares in the last quarter. Hopwood Financial Services Inc. grew its position in iShares Semiconductor ETF by 50.0% in the 1st quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 70 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new position in iShares Semiconductor ETF in the 2nd quarter valued at about $59,000.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $279.03 on Wednesday. The company has a market cap of $14.96 billion, a P/E ratio of 31.84 and a beta of 1.34. The stock has a 50-day moving average of $259.01 and a two-hundred day moving average of $227.93. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $292.51.

iShares Semiconductor ETF Increases Dividend

The company 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. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.16 annualized dividend and a yield of 0.8%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).