Nissay Asset Management Corp Japan Sells 4,774 Shares of iShares Semiconductor ETF $SOXX

Nissay Asset Management Corp Japan trimmed its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 12.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,231 shares of the exchange traded fund’s stock after selling 4,774 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in iShares Semiconductor ETF were worth $21,934,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bison Wealth LLC acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $201,000. AQR Capital Management LLC increased its position in iShares Semiconductor ETF by 83.9% in the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock valued at $421,000 after acquiring an additional 1,021 shares during the period. Schnieders Capital Management LLC. increased its position in iShares Semiconductor ETF by 102.6% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock valued at $834,000 after acquiring an additional 1,770 shares during the period. Amundi acquired a new position in iShares Semiconductor ETF in the 2nd quarter valued at approximately $831,000. Finally, Cerity Partners LLC raised its stake in shares of iShares Semiconductor ETF by 9.0% during the second quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after acquiring an additional 482 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXX opened at $508.62 on Friday. The firm has a market cap of $45.60 billion, a PE ratio of 31.84 and a beta of 1.80. The firm’s fifty day moving average is $548.62 and its 200-day moving average is $474.50. iShares Semiconductor ETF has a 52 week low of $238.15 and a 52 week high of $655.95.

iShares Semiconductor ETF’s stock is scheduled to split 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 business also recently announced 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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.