MML Investors Services LLC Has $45.48 Million Stake in iShares Semiconductor ETF $SOXX

MML Investors Services LLC increased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 82.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 151,013 shares of the exchange traded fund’s stock after purchasing an additional 68,037 shares during the period. MML Investors Services LLC owned about 0.25% of iShares Semiconductor ETF worth $45,478,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SOXX. BOKF NA acquired a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $30,000. Commonwealth Retirement Investments LLC acquired a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $32,000. Strategic Advocates LLC acquired a new position in iShares Semiconductor ETF in the 3rd quarter worth approximately $35,000. Optima Capital LLC acquired a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $41,000. Finally, Rossby Financial LCC acquired a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $42,000.

iShares Semiconductor ETF Stock Up 5.4%

Shares of NASDAQ:SOXX opened at $628.45 on Tuesday. The firm has a fifty day moving average of $491.10 and a two-hundred day moving average of $386.77. The firm has a market capitalization of $40.72 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 12-month low of $221.86 and a 12-month high of $629.72.

iShares Semiconductor ETF Increases Dividend

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

About iShares Semiconductor ETF

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.