International Assets Investment Management LLC Raises Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

International Assets Investment Management LLC increased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 410,509.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,225,408 shares of the exchange traded fund’s stock after purchasing an additional 15,221,700 shares during the quarter. iShares Semiconductor ETF accounts for 0.5% of International Assets Investment Management LLC’s portfolio, making the stock its 29th largest position. International Assets Investment Management LLC owned about 23.75% of iShares Semiconductor ETF worth $3,510,827,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Optimum Investment Advisors boosted its holdings in iShares Semiconductor ETF by 56.3% in the second quarter. Optimum Investment Advisors now owns 361 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 130 shares during the last quarter. LRI Investments LLC purchased a new position in shares of iShares Semiconductor ETF during the 1st quarter worth $33,000. Atria Investments Inc boosted its stake in shares of iShares Semiconductor ETF by 220.1% during the 1st quarter. Atria Investments Inc now owns 10,509 shares of the exchange traded fund’s stock worth $2,374,000 after acquiring an additional 7,226 shares during the last quarter. Zhang Financial LLC purchased a new position in shares of iShares Semiconductor ETF during the 2nd quarter worth $223,000. Finally, Astoria Portfolio Advisors LLC. purchased a new position in shares of iShares Semiconductor ETF during the 1st quarter worth $227,000.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $226.04 on Thursday. The company’s fifty day simple moving average is $226.47 and its 200-day simple moving average is $230.06. The stock has a market capitalization of $14.49 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $144.40 and a 1-year high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.5524 per share. The ex-dividend date was Wednesday, September 25th.

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).