iShares Semiconductor ETF $SOXX Shares Sold by Capital Investment Counsel LLC

Capital Investment Counsel LLC cut its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 4.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,098 shares of the exchange traded fund’s stock after selling 1,918 shares during the period. iShares Semiconductor ETF makes up 1.8% of Capital Investment Counsel LLC’s investment portfolio, making the stock its 16th biggest holding. Capital Investment Counsel LLC’s holdings in iShares Semiconductor ETF were worth $12,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its holdings in shares of iShares Semiconductor ETF by 47.9% in the fourth 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 lifted its holdings in shares of iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after purchasing an additional 547,109 shares during the period. Bank of America Corp DE lifted its holdings 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 worth $562,835,000 after purchasing an additional 159,203 shares during the period. LPL Financial LLC grew its position in iShares Semiconductor ETF by 1.7% in 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 buying an additional 17,038 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in 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 valued at $290,207,000 after buying an additional 121,561 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $614.35 on Tuesday. The stock has a market capitalization of $39.81 billion, a P/E ratio of 31.84 and a beta of 1.80. The company’s fifty day moving average is $538.89 and its two-hundred day moving average is $408.82. 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 announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2827 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 annualized dividend and a dividend yield of 0.2%.

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.