iShares Semiconductor ETF (NASDAQ:SOXX) Plans Quarterly Dividend of $0.33

iShares Semiconductor ETF (NASDAQ:SOXX) announced a quarterly dividend on Monday, September 14th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.325 per share by the exchange traded fund on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, September 15th. This is a 15.0% increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.28.

iShares Semiconductor ETF Stock Performance

SOXX opened at $497.40 on Tuesday. iShares Semiconductor ETF has a 52-week low of $254.53 and a 52-week high of $655.95. The firm has a market cap of $44.59 billion, a P/E ratio of 31.84 and a beta of 1.80. The business’s fifty day moving average is $528.88 and its 200-day moving average is $487.60.

iShares Semiconductor ETF shares are scheduled to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the market closes on Wednesday, November 4th.

Hedge Funds Weigh In On iShares Semiconductor ETF

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of iShares Semiconductor ETF by 20.9% during the 1st 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 in the last quarter. Goldman Sachs Group Inc. increased its stake in iShares Semiconductor ETF by 47.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after acquiring an additional 941,363 shares during the last quarter. LPL Financial LLC increased its stake in 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 valued at $313,733,000 after acquiring an additional 17,038 shares during the last quarter. Bank of Nova Scotia raised its position in iShares Semiconductor ETF by 88.5% during the first quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock valued at $279,766,000 after purchasing an additional 399,612 shares in the last quarter. Finally, Royal Bank of Canada raised its position in iShares Semiconductor ETF by 28.3% during the first quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock valued at $142,437,000 after purchasing an additional 95,669 shares in the last quarter.

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.