Janney Montgomery Scott LLC Purchases 1,891 Shares of iShares Semiconductor ETF $SOXX

Janney Montgomery Scott LLC increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,715 shares of the exchange traded fund’s stock after acquiring an additional 1,891 shares during the period. Janney Montgomery Scott LLC owned about 0.06% of iShares Semiconductor ETF worth $13,053,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Bison Wealth LLC acquired a new stake in shares of iShares Semiconductor ETF in the 4th quarter valued at $201,000. AQR Capital Management LLC lifted its position in shares of iShares Semiconductor ETF by 83.9% during the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after buying an additional 1,021 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in shares of iShares Semiconductor ETF by 102.6% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock worth $834,000 after buying an additional 1,770 shares during the last quarter. Amundi bought a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth $831,000. Finally, Cerity Partners LLC boosted its stake in iShares Semiconductor ETF by 9.0% in the second quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after buying an additional 482 shares in the last quarter.

iShares Semiconductor ETF Stock Down 6.4%

iShares Semiconductor ETF stock opened at $599.70 on Thursday. iShares Semiconductor ETF has a 12-month low of $232.33 and a 12-month high of $655.95. The business’s 50-day moving average price is $547.04 and its two-hundred day moving average price is $413.11. The stock has a market cap of $44.53 billion, a PE ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

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

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.