iShares Semiconductor ETF (NASDAQ:SOXX) Shares Acquired by Wellington Shields Capital Management LLC

Wellington Shields Capital Management LLC increased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 37,874 shares of the exchange traded fund’s stock after purchasing an additional 797 shares during the quarter. iShares Semiconductor ETF comprises about 1.7% of Wellington Shields Capital Management LLC’s portfolio, making the stock its 13th biggest holding. Wellington Shields Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $9,341,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Financial Synergies Wealth Advisors Inc. raised its position in shares of iShares Semiconductor ETF by 200.0% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 114 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 76 shares in the last quarter. Transcendent Capital Group LLC acquired a new stake in iShares Semiconductor ETF in the second quarter worth approximately $31,000. LRI Investments LLC bought a new position in iShares Semiconductor ETF during the 1st quarter valued at $33,000. BOK Financial Private Wealth Inc. increased its position in shares of iShares Semiconductor ETF by 200.0% during the 1st quarter. BOK Financial Private Wealth Inc. now owns 150 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 100 shares during the period. Finally, Tortoise Investment Management LLC bought a new stake in shares of iShares Semiconductor ETF in the 4th quarter worth $36,000.

iShares Semiconductor ETF Trading Down 2.1 %

SOXX stock traded down $4.49 during trading hours on Friday, hitting $208.56. 591,775 shares of the stock traded hands, compared to its average volume of 3,866,563. The stock has a 50-day simple moving average of $233.86 and a 200 day simple moving average of $228.99. The company has a market cap of $13.14 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a one year low of $144.40 and a one year high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.3103 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.24 annualized dividend and a dividend yield of 0.60%.

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).