iShares Semiconductor ETF $SOXX Stock Holdings Lowered by Equitable Holdings Inc.

Equitable Holdings Inc. cut its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 25.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 40,098 shares of the exchange traded fund’s stock after selling 13,535 shares during the quarter. Equitable Holdings Inc.’s holdings in iShares Semiconductor ETF were worth $25,693,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bison Wealth LLC bought a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at approximately $201,000. AQR Capital Management LLC grew its holdings in iShares Semiconductor ETF by 83.9% in the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after buying an additional 1,021 shares in the last quarter. Schnieders Capital Management LLC. increased its position in iShares Semiconductor ETF by 102.6% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock valued at $834,000 after acquiring an additional 1,770 shares during the period. Amundi acquired a new stake in iShares Semiconductor ETF in the 2nd quarter valued at approximately $831,000. Finally, Cerity Partners LLC raised its stake in iShares Semiconductor ETF by 9.0% during the 2nd quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after acquiring an additional 482 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $525.43 on Friday. iShares Semiconductor ETF has a 1-year low of $238.15 and a 1-year high of $655.95. The business’s fifty day moving average price is $551.24 and its two-hundred day moving average price is $474.26. The company has a market capitalization of $47.10 billion, a P/E ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF shares are scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

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

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.