Florida Financial Advisors LLC Raises Holdings in iShares Semiconductor ETF $SOXX

Florida Financial Advisors LLC increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 202.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,161 shares of the exchange traded fund’s stock after purchasing an additional 1,447 shares during the quarter. Florida Financial Advisors LLC’s holdings in iShares Semiconductor ETF were worth $710,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in SOXX. Goldman Sachs Group Inc. boosted its stake in iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after purchasing an additional 941,363 shares during the last quarter. Morgan Stanley raised its position in shares of iShares Semiconductor ETF by 30.0% in the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after buying an additional 547,109 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Semiconductor ETF by 7.2% in the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after buying an additional 159,203 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock worth $313,733,000 after buying an additional 17,038 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of iShares Semiconductor ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock worth $290,207,000 after buying an additional 121,561 shares in the last quarter.

iShares Semiconductor ETF Trading Up 5.3%

SOXX opened at $552.00 on Wednesday. iShares Semiconductor ETF has a twelve month low of $232.33 and a twelve month high of $655.95. The firm has a market capitalization of $46.29 billion, a PE ratio of 31.84 and a beta of 1.77. The firm’s 50-day moving average price is $570.72 and its 200 day moving average price is $438.38.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2827 dividend. This is a positive change 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 Company 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.