Gold Investment Management Ltd. Has $1.60 Million Stock Holdings in iShares Semiconductor ETF $SOXX

Gold Investment Management Ltd. trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 43.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,711 shares of the exchange traded fund’s stock after selling 5,241 shares during the quarter. Gold Investment Management Ltd.’s holdings in iShares Semiconductor ETF were worth $1,595,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in iShares Semiconductor ETF by 18,717.2% during the first quarter. GAMMA Investing LLC now owns 35,000 shares of the exchange traded fund’s stock worth $6,586,000 after buying an additional 34,814 shares during the last quarter. NBC Securities Inc. bought a new position in iShares Semiconductor ETF during the first quarter worth about $47,000. Banque Cantonale Vaudoise bought a new position in iShares Semiconductor ETF during the first quarter worth about $2,363,000. Envestnet Asset Management Inc. boosted its holdings in iShares Semiconductor ETF by 10.0% during the first quarter. Envestnet Asset Management Inc. now owns 129,461 shares of the exchange traded fund’s stock worth $24,361,000 after buying an additional 11,789 shares during the last quarter. Finally, QRG Capital Management Inc. bought a new position in iShares Semiconductor ETF during the first quarter worth about $388,000.

iShares Semiconductor ETF Trading Up 1.9%

Shares of SOXX opened at $276.34 on Thursday. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $276.70. The stock has a market cap of $15.28 billion, a P/E ratio of 31.84 and a beta of 1.34. The stock’s 50-day moving average price is $251.61 and its two-hundred day moving average price is $222.58.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a $0.5407 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.16 dividend on an annualized basis and a yield of 0.8%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).