Cetera Investment Advisers Trims Stock Holdings in iShares Semiconductor ETF $SOXX

Cetera Investment Advisers decreased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 14.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 148,931 shares of the exchange traded fund’s stock after selling 25,663 shares during the quarter. Cetera Investment Advisers owned approximately 0.27% of iShares Semiconductor ETF worth $35,550,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. BNP Paribas Financial Markets increased its stake in shares of iShares Semiconductor ETF by 220.2% in the 1st quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after acquiring an additional 665,867 shares in the last quarter. LPL Financial LLC grew its holdings in iShares Semiconductor ETF by 7.3% in the first quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after purchasing an additional 57,350 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares Semiconductor ETF by 7.0% during the first quarter. Raymond James Financial Inc. now owns 345,761 shares of the exchange traded fund’s stock valued at $65,062,000 after purchasing an additional 22,675 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Semiconductor ETF by 1.8% during the first quarter. Ameriprise Financial Inc. now owns 284,042 shares of the exchange traded fund’s stock valued at $53,444,000 after purchasing an additional 5,107 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of iShares Semiconductor ETF by 20.7% during the second quarter. Commonwealth Equity Services LLC now owns 278,397 shares of the exchange traded fund’s stock valued at $66,453,000 after purchasing an additional 47,718 shares during the last quarter.

iShares Semiconductor ETF Stock Down 0.3%

iShares Semiconductor ETF stock opened at $288.52 on Monday. The company has a market capitalization of $15.42 billion, a P/E ratio of 31.84 and a beta of 1.51. The stock’s 50 day moving average is $282.18 and its 200 day moving average is $248.18. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $312.79.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $0.5407 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 16th.

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).