Welch & Forbes LLC Acquires 22,554 Shares of iShares Semiconductor ETF $SOXX

Welch & Forbes LLC lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 1,572.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,988 shares of the exchange traded fund’s stock after purchasing an additional 22,554 shares during the period. Welch & Forbes LLC’s holdings in iShares Semiconductor ETF were worth $13,640,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. NWF Advisory Services Inc. bought a new position in iShares Semiconductor ETF in the 2nd quarter worth approximately $1,065,000. Squarepoint Ops LLC lifted its holdings in shares of iShares Semiconductor ETF by 2,421.8% during the second quarter. Squarepoint Ops LLC now owns 41,610 shares of the exchange traded fund’s stock worth $26,662,000 after buying an additional 39,960 shares during the last quarter. RFG Advisory LLC boosted its position in shares of iShares Semiconductor ETF by 319.1% in the second quarter. RFG Advisory LLC now owns 19,219 shares of the exchange traded fund’s stock valued at $12,315,000 after acquiring an additional 14,633 shares during the period. Schuylkill Financial LLC bought a new stake in shares of iShares Semiconductor ETF in the second quarter valued at approximately $1,028,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares Semiconductor ETF in the second quarter worth $682,000.

iShares Semiconductor ETF Trading Up 7.5%

Shares of iShares Semiconductor ETF stock opened at $146.76 on Tuesday. iShares Semiconductor ETF has a 1 year low of $86.81 and a 1 year high of $218.65. The company’s fifty day simple moving average is $173.19 and its 200-day simple moving average is $159.26. The company has a market cap of $13.85 billion, a price-to-earnings ratio of 24.66 and a beta of 1.86.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.1083 per share. This represents a $0.43 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, September 15th. This is a decrease from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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.