iShares Semiconductor ETF $SOXX Shares Newly Purchased by Essential Investment Partners LLC

Essential Investment Partners LLC acquired a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,200 shares of the exchange traded fund’s stock, valued at approximately $682,000.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its stake 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 valued at $1,023,867,000 after acquiring an additional 538,125 shares in the last quarter. Bank of Nova Scotia lifted its stake in iShares Semiconductor ETF by 88.5% in the 1st quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock worth $279,766,000 after purchasing an additional 399,612 shares in the last quarter. Royal Bank of Canada lifted its stake in iShares Semiconductor ETF by 28.3% in the 1st quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock worth $142,437,000 after purchasing an additional 95,669 shares in the last quarter. Noked Israel Ltd purchased a new stake in iShares Semiconductor ETF in the 1st quarter worth approximately $114,725,000. Finally, Envestnet Asset Management Inc. boosted its holdings in iShares Semiconductor ETF by 5.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 163,012 shares of the exchange traded fund’s stock valued at $104,451,000 after purchasing an additional 8,820 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $521.94 on Thursday. The firm has a fifty day moving average price of $530.26 and a two-hundred day moving average price of $473.25. iShares Semiconductor ETF has a one year low of $260.44 and a one year high of $655.95. The company has a market cap of $49.17 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF shares are going to split on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.3250 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date was Tuesday, September 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.