NWF Advisory Services Inc. Purchases Shares of 1,662 iShares Semiconductor ETF $SOXX

NWF Advisory Services Inc. purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,662 shares of the exchange traded fund’s stock, valued at approximately $1,065,000.

A number of other large investors have also modified their holdings of SOXX. Triumph Capital Management increased its holdings in shares of iShares Semiconductor ETF by 44.4% during the second quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in iShares Semiconductor ETF by 245.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 49 shares in the last quarter. Cedar Mountain Advisors LLC acquired a new stake in iShares Semiconductor ETF in the 2nd quarter worth approximately $51,000. Elevation Wealth Partners LLC grew its position in iShares Semiconductor ETF by 203.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 85 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 57 shares during the last quarter. Finally, BOKF NA purchased a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $30,000.

iShares Semiconductor ETF Trading Up 0.2%

Shares of iShares Semiconductor ETF stock opened at $502.20 on Friday. The firm’s 50 day simple moving average is $539.22 and its two-hundred day simple moving average is $479.56. The firm has a market capitalization of $45.02 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 12-month low of $238.75 and a 12-month high of $655.95.

iShares Semiconductor ETF’s stock is scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

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

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). 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.