Schuylkill Financial LLC Takes Position in iShares Semiconductor ETF $SOXX

Schuylkill Financial LLC acquired a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,604 shares of the exchange traded fund’s stock, valued at approximately $1,028,000. iShares Semiconductor ETF makes up 0.9% of Schuylkill Financial LLC’s investment portfolio, making the stock its 28th largest holding.

Several other large investors have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its position in iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after buying an additional 941,363 shares during the period. Oasis Management Co Ltd. increased its position in shares of iShares Semiconductor ETF by 100.4% during the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after acquiring an additional 804,400 shares during the period. Morgan Stanley increased its position 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 acquiring an additional 547,109 shares during the period. Bank of America Corp DE increased its position in shares of iShares Semiconductor ETF by 20.9% during 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. Finally, Bank of Nova Scotia raised its stake in shares of iShares Semiconductor ETF by 5,159.3% in the fourth quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock valued at $136,005,000 after acquiring an additional 443,030 shares in the last quarter.

iShares Semiconductor ETF Trading Up 3.5%

NASDAQ:SOXX opened at $519.86 on Friday. The firm has a market cap of $46.61 billion, a PE ratio of 31.84 and a beta of 1.80. The stock has a fifty day moving average price of $537.81 and a 200 day moving average price of $479.84. iShares Semiconductor ETF has a 12-month low of $244.13 and a 12-month high of $655.95.

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

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.2827 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.