iShares Semiconductor ETF $SOXX Stock: Kestra Advisory Services LLC Raises Stake

Kestra Advisory Services LLC increased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 35.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 68,417 shares of the exchange traded fund’s stock after buying an additional 18,050 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Semiconductor ETF were worth $38,905,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of SOXX. Bank of America Corp DE grew its holdings in shares of iShares Semiconductor ETF by 20.9% in the first quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock worth $1,023,867,000 after acquiring an additional 538,125 shares during the period. Bank of Nova Scotia raised its stake in shares of iShares Semiconductor ETF by 88.5% in the first quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock worth $279,766,000 after buying an additional 399,612 shares during the period. Royal Bank of Canada raised its stake in shares of iShares Semiconductor ETF by 28.3% in the first quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock worth $142,437,000 after buying an additional 95,669 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares Semiconductor ETF in the third quarter worth about $216,839,000. Finally, Noked Israel Ltd purchased a new position in shares of iShares Semiconductor ETF during the 1st quarter valued at about $114,725,000.

More iShares Semiconductor ETF News

Here are the key news stories impacting iShares Semiconductor ETF this week:

• Neutral Sentiment: A Seeking Alpha analysis says a significant capitulation-driven buying opportunity could emerge soon. That is a possible rebound signal, not confirmation that the selloff has ended. Semiconductors: Significant Capitulation Buying Moment Could Flash Soon
• Negative Sentiment: Chip stocks suffered an exceptionally severe selloff, wiping out about $1.5 trillion in market value in one session. Reports cite several possible causes—including regulatory concerns, hedge-fund profit-taking and worries about slower capital spending—leaving investors uncertain about the outlook for the sector. Chip Stocks Just Had Their Second-Worst Day on Record
• Negative Sentiment: The breadth of the downturn is notable: 28 of SOXX’s 30 holdings reportedly entered bear-market territory, meaning they were at least 20% below their peaks. This broad weakness increases pressure on the ETF rather than limiting the damage to a few names. Chip Stocks Face Worst Day Since 2020 as 28 of 30 SOXX Holdings Enter Bear Market
• Negative Sentiment: Investors are also weighing whether Democratic midterm gains could bring changes to trade and chip policies and weaken confidence in data-center spending, a key driver of AI-related semiconductor demand. Some of the Year’s Hottest AI ETFs Are in Big Trouble Today
• Negative Sentiment: Bearish positioning rose sharply: traders bought 131,184 SOXX put options, about 110% above the average daily volume. This signals increased demand for downside protection or bets on further declines. 2 Semiconductor ETFs Drawing Bearish Options Traders Today
• Negative Sentiment: AMD’s sharp drop added to pressure across chip ETFs, illustrating how weakness in a major holding can drag down SOXX and other funds even after strong quarterly results. AMD’s Double-Digit Drop Is Rippling Through Your Chip ETFs

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX traded up $4.63 during mid-day trading on Friday, reaching $136.53. 59,108,439 shares of the company traded hands, compared to its average volume of 25,753,281. The company’s 50 day moving average price is $173.64 and its 200-day moving average price is $159.11. The firm has a market cap of $12.89 billion, a PE ratio of 31.84 and a beta of 1.86. iShares Semiconductor ETF has a 52 week low of $86.81 and a 52 week high of $218.65.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a $0.1083 dividend. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.3%. This is a negative change from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date of this dividend was Tuesday, September 15th.

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.