iShares Semiconductor ETF $SOXX Shares Purchased by IPG Investment Advisors LLC

IPG Investment Advisors LLC boosted its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 121.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,145 shares of the exchange traded fund’s stock after acquiring an additional 1,723 shares during the quarter. IPG Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,788,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SOXX. Bank of America Corp DE boosted its stake in shares of 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 purchasing an additional 538,125 shares during the period. Bank of Nova Scotia grew its holdings in shares of iShares Semiconductor ETF by 88.5% in the first quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock worth $279,766,000 after purchasing an additional 399,612 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares Semiconductor ETF in the third quarter worth about $216,839,000. Noked Israel Ltd purchased a new position in iShares Semiconductor ETF in the 1st quarter worth about $114,725,000. Finally, Y.D. More Investments Ltd increased its stake in iShares Semiconductor ETF by 4,175.2% in the 1st quarter. Y.D. More Investments Ltd now owns 158,996 shares of the exchange traded fund’s stock worth $52,240,000 after buying an additional 155,277 shares during the period.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $465.00 on Wednesday. iShares Semiconductor ETF has a 12 month low of $260.44 and a 12 month high of $655.95. The firm’s 50-day moving average is $526.98 and its 200 day moving average is $476.15. The company has a market capitalization of $43.06 billion, a PE ratio of 31.84 and a beta of 1.86.

iShares Semiconductor ETF’s stock is set to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be payable 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. Stockholders of record on Tuesday, September 15th were issued a $0.3250 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.30 annualized dividend and a dividend yield of 0.3%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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.