12,886 Shares of iShares Semiconductor ETF $SOXX Purchased by Polaris Financial Partners

Polaris Financial Partners acquired a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,886 shares of the exchange traded fund’s stock, valued at approximately $7,307,000. iShares Semiconductor ETF makes up 3.4% of Polaris Financial Partners’ investment portfolio, making the stock its 7th biggest holding.

Other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in shares of iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after buying an additional 941,363 shares in the last quarter. Oasis Management Co Ltd. boosted its stake in iShares Semiconductor ETF by 100.4% in the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after buying an additional 804,400 shares in the last quarter. Bank of America Corp DE grew its position in iShares Semiconductor ETF by 20.9% during the first quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock valued at $1,023,867,000 after acquiring an additional 538,125 shares during the last quarter. Bank of Nova Scotia grew its position in iShares Semiconductor ETF by 88.5% during the first quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock valued at $279,766,000 after acquiring an additional 399,612 shares during the last quarter. Finally, Noked Israel Ltd purchased a new position in shares of iShares Semiconductor ETF during the first quarter worth approximately $114,725,000.

iShares Semiconductor ETF Trading Up 2.2%

Shares of SOXX traded up $12.57 during mid-day trading on Friday, reaching $588.90. The company’s stock had a trading volume of 6,690,752 shares, compared to its average volume of 8,268,668. iShares Semiconductor ETF has a 52 week low of $260.44 and a 52 week high of $655.95. The stock has a market cap of $50.73 billion, a PE ratio of 31.84 and a beta of 1.80. The company’s fifty day moving average price is $528.37 and its two-hundred day moving average price is $506.74.

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

iShares Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $0.3250 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $1.30 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, September 15th.

iShares Semiconductor ETF Company 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.