Northwestern Mutual Wealth Management Co. Has $121.67 Million Stock Holdings in iShares Semiconductor ETF $SOXX

Northwestern Mutual Wealth Management Co. reduced its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 7.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 189,891 shares of the exchange traded fund’s stock after selling 16,245 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.21% of iShares Semiconductor ETF worth $121,674,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. BOKF NA bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth $30,000. Commonwealth Retirement Investments LLC acquired a new position in iShares Semiconductor ETF during the 4th quarter worth about $32,000. Wealth Watch Advisors INC grew its position in shares of iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 78 shares during the last quarter. Gould Capital LLC increased its stake in shares of iShares Semiconductor ETF by 39.2% in the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 31 shares during the period. Finally, SHP Wealth Management acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $38,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $500.31 on Wednesday. The business has a 50-day moving average of $543.68 and a 200-day moving average of $477.47. The company has a market capitalization of $44.85 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 1 year low of $238.15 and a 1 year high of $655.95.

Shares of iShares Semiconductor ETF are going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company 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. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a dividend 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.