United Asset Strategies Inc. Buys 1,477 Shares of iShares Semiconductor ETF $SOXX

United Asset Strategies Inc. raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,459 shares of the exchange traded fund’s stock after acquiring an additional 1,477 shares during the quarter. iShares Semiconductor ETF comprises 2.0% of United Asset Strategies Inc.’s holdings, making the stock its 8th largest position. United Asset Strategies Inc.’s holdings in iShares Semiconductor ETF were worth $28,693,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. William Mack & Associates Inc. bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth approximately $27,000. Gould Capital LLC increased its stake in shares of iShares Semiconductor ETF by 39.2% during the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 31 shares during the period. Highland Investment Advisors LLC bought a new position in shares of iShares Semiconductor ETF during the second quarter worth approximately $40,000. Triumph Capital Management increased its stake in shares of iShares Semiconductor ETF by 44.4% during the second quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in iShares Semiconductor ETF by 245.0% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 49 shares during the last quarter.

iShares Semiconductor ETF Trading Down 1.5%

NASDAQ:SOXX opened at $513.86 on Friday. The stock has a market cap of $48.41 billion, a P/E ratio of 31.84 and a beta of 1.80. The stock has a 50 day simple moving average of $530.14 and a 200 day simple moving average of $474.18. iShares Semiconductor ETF has a 1-year low of $260.44 and a 1-year high of $655.95.

iShares Semiconductor ETF’s stock is going to split on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be issued to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.3250 per share. This represents a $1.30 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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.