Sonoma Allocations LLC Purchases New Position in iShares Semiconductor ETF $SOXX

Sonoma Allocations LLC purchased a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,057 shares of the exchange traded fund’s stock, valued at approximately $366,000.

Several other hedge funds have also recently bought and sold shares of SOXX. Bank of America Corp DE boosted its holdings 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. Goldman Sachs Group Inc. increased its stake in shares of iShares Semiconductor ETF by 47.9% during the fourth 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 period. Morgan Stanley lifted its holdings in iShares Semiconductor ETF by 30.0% during the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after purchasing an additional 547,109 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares Semiconductor ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock worth $313,733,000 after purchasing an additional 17,038 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in iShares Semiconductor ETF by 14.4% in the 4th quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock valued at $290,207,000 after purchasing an additional 121,561 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX opened at $504.53 on Friday. The firm has a market cap of $41.70 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The stock’s fifty day moving average price is $570.85 and its two-hundred day moving average price is $448.07. iShares Semiconductor ETF has a one year low of $232.33 and a one year high of $655.95.

iShares Semiconductor ETF Increases Dividend

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

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.