VMS Asset Management Limited Acquires 28,331 Shares of iShares Semiconductor ETF $SOXX

VMS Asset Management Limited boosted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 359.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,221 shares of the exchange traded fund’s stock after purchasing an additional 28,331 shares during the period. iShares Semiconductor ETF comprises 8.0% of VMS Asset Management Limited’s holdings, making the stock its 3rd largest position. VMS Asset Management Limited’s holdings in iShares Semiconductor ETF were worth $20,597,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. NWF Advisory Services Inc. bought a new position in shares of iShares Semiconductor ETF in the second quarter worth $1,065,000. Squarepoint Ops LLC increased its position in shares of iShares Semiconductor ETF by 2,421.8% in the second quarter. Squarepoint Ops LLC now owns 41,610 shares of the exchange traded fund’s stock valued at $26,662,000 after acquiring an additional 39,960 shares during the period. Centerpoint Advisory Group bought a new position in shares of iShares Semiconductor ETF during the first quarter valued at about $474,000. Camarda Financial Advisors LLC purchased a new stake in shares of iShares Semiconductor ETF during the second quarter worth about $769,000. Finally, RFG Advisory LLC grew its stake in shares of iShares Semiconductor ETF by 319.1% in the second quarter. RFG Advisory LLC now owns 19,219 shares of the exchange traded fund’s stock worth $12,315,000 after purchasing an additional 14,633 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $519.42 on Thursday. The stock’s 50-day moving average is $538.21 and its 200 day moving average is $521.11. The company has a market cap of $42.54 billion, a PE ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 1 year low of $260.44 and a 1 year high of $655.95.

iShares Semiconductor ETF’s stock is going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.3250 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

iShares Semiconductor ETF 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.