BCS Wealth Management Reduces Stock Position in iShares Semiconductor ETF $SOXX

BCS Wealth Management cut its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 50.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 848 shares of the exchange traded fund’s stock after selling 850 shares during the period. BCS Wealth Management’s holdings in iShares Semiconductor ETF were worth $279,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Krilogy Financial LLC lifted its position in shares of iShares Semiconductor ETF by 4.5% during the first quarter. Krilogy Financial LLC now owns 11,344 shares of the exchange traded fund’s stock worth $3,728,000 after acquiring an additional 485 shares in the last quarter. Cottonwood Capital Advisors LLC grew its position in shares of iShares Semiconductor ETF by 1.9% in the first quarter. Cottonwood Capital Advisors LLC now owns 26,881 shares of the exchange traded fund’s stock valued at $8,835,000 after purchasing an additional 506 shares in the last quarter. Wealth Management Partners LLC grew its holdings in iShares Semiconductor ETF by 30.1% during the 1st quarter. Wealth Management Partners LLC now owns 1,276 shares of the exchange traded fund’s stock valued at $419,000 after buying an additional 295 shares in the last quarter. Certified Advisory Corp grew its holdings in iShares Semiconductor ETF by 5.8% during the 1st quarter. Certified Advisory Corp now owns 981 shares of the exchange traded fund’s stock valued at $322,000 after buying an additional 54 shares in the last quarter. Finally, Signal Advisors Wealth LLC increased its position in shares of iShares Semiconductor ETF by 13.3% during the first quarter. Signal Advisors Wealth LLC now owns 912 shares of the exchange traded fund’s stock valued at $300,000 after buying an additional 107 shares during the period.

iShares Semiconductor ETF Trading Down 0.3%

Shares of iShares Semiconductor ETF stock opened at $601.50 on Thursday. iShares Semiconductor ETF has a 12-month low of $232.33 and a 12-month high of $655.95. The company has a market cap of $38.98 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The company’s 50-day moving average price is $526.48 and its 200-day moving average price is $402.51.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2827 per share. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. 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%.

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.