Rehmann Capital Advisory Group grew its position in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 151.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,241 shares of the exchange traded fund’s stock after acquiring an additional 1,951 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares Semiconductor ETF were worth $2,077,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in iShares Semiconductor ETF by 47.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after purchasing an additional 941,363 shares in the last quarter. Oasis Management Co Ltd. raised its position in shares of iShares Semiconductor ETF by 100.4% in the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock valued at $934,000 after buying an additional 804,400 shares during the last quarter. Morgan Stanley lifted its stake 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 worth $713,307,000 after buying an additional 547,109 shares in the last quarter. Bank of America Corp DE boosted its position in 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 last quarter. Finally, Bank of Nova Scotia boosted its position in iShares Semiconductor ETF by 5,159.3% during the fourth quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock worth $136,005,000 after acquiring an additional 443,030 shares during the last quarter.
iShares Semiconductor ETF Trading Down 2.1%
Shares of NASDAQ SOXX opened at $500.31 on Wednesday. The stock has a market cap of $44.85 billion, a PE ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 12-month low of $238.15 and a 12-month high of $655.95. The company has a 50-day moving average of $543.68 and a 200 day moving average of $477.47.
iShares Semiconductor ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2827 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 15th.
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.
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