Corrado Advisors LLC Sells 1,568 Shares of iShares Semiconductor ETF $SOXX

Corrado Advisors LLC lowered its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 17.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 7,518 shares of the exchange traded fund’s stock after selling 1,568 shares during the quarter. iShares Semiconductor ETF accounts for 1.3% of Corrado Advisors LLC’s portfolio, making the stock its 24th biggest position. Corrado Advisors LLC’s holdings in iShares Semiconductor ETF were worth $2,471,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in SOXX. Hsbc Holdings PLC purchased a new stake in iShares Semiconductor ETF in the first quarter worth $1,908,000. Accredited Investors Inc. increased its position in iShares Semiconductor ETF by 5.1% during the 1st quarter. Accredited Investors Inc. now owns 1,072 shares of the exchange traded fund’s stock valued at $352,000 after purchasing an additional 52 shares during the period. First Horizon Corp increased its position in iShares Semiconductor ETF by 3.2% during the 1st quarter. First Horizon Corp now owns 2,438 shares of the exchange traded fund’s stock valued at $801,000 after purchasing an additional 75 shares during the period. IAG Wealth Partners LLC increased its position in iShares Semiconductor ETF by 5.7% during the 1st quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock valued at $152,000 after purchasing an additional 25 shares during the period. Finally, Cvfg LLC raised its holdings in iShares Semiconductor ETF by 10.5% in the 1st quarter. Cvfg LLC now owns 2,546 shares of the exchange traded fund’s stock worth $837,000 after purchasing an additional 241 shares in the last quarter.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $581.34 on Friday. iShares Semiconductor ETF has a 1 year low of $232.33 and a 1 year high of $655.95. The firm has a 50-day moving average of $564.87 and a 200 day moving average of $425.75. The company has a market cap of $42.03 billion, a P/E ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.2827 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.