iShares Semiconductor ETF $SOXX Stock Position Increased by Truist Financial Corp

Truist Financial Corp raised its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.5% in the fourth quarter, HoldingsChannel reports. The firm owned 86,469 shares of the exchange traded fund’s stock after acquiring an additional 2,932 shares during the period. Truist Financial Corp’s holdings in iShares Semiconductor ETF were worth $26,040,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Foundations Investment Advisors LLC raised its holdings in shares of iShares Semiconductor ETF by 27,470.8% during the third quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock valued at $89,700,000 after buying an additional 329,650 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of iShares Semiconductor ETF by 3,068.9% during the third quarter. Thrivent Financial for Lutherans now owns 271,415 shares of the exchange traded fund’s stock worth $73,586,000 after buying an additional 262,850 shares during the period. Quadrature Capital Ltd grew its holdings in iShares Semiconductor ETF by 6,111.9% in the 3rd quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock worth $71,772,000 after buying an additional 260,365 shares in the last quarter. Bank of America Corp DE increased its position in iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after acquiring an additional 159,203 shares during the period. Finally, Barclays PLC increased its position in iShares Semiconductor ETF by 80.7% in the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock valued at $88,424,000 after acquiring an additional 145,698 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $506.87 on Thursday. iShares Semiconductor ETF has a 1-year low of $184.81 and a 1-year high of $506.94. The business’s fifty day moving average price is $372.82 and its two-hundred day moving average price is $336.04. The company has a market capitalization of $32.85 billion, a P/E ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.2079 per share. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 17th.

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.