iShares Semiconductor ETF $SOXX Shares Bought by Focus Financial Network Inc.

Focus Financial Network Inc. grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.7% in the second quarter, Holdings Channel.com reports. The firm owned 10,178 shares of the exchange traded fund’s stock after purchasing an additional 551 shares during the period. Focus Financial Network Inc.’s holdings in iShares Semiconductor ETF were worth $2,429,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SOXX. Opal Wealth Advisors LLC acquired a new position in iShares Semiconductor ETF during the first quarter worth $30,000. Tradewinds Capital Management LLC lifted its stake in shares of iShares Semiconductor ETF by 2,600.0% in the first quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 156 shares during the period. Hopwood Financial Services Inc. lifted its stake in shares of iShares Semiconductor ETF by 50.0% in the first quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 70 shares during the period. NBC Securities Inc. bought a new stake in shares of iShares Semiconductor ETF in the first quarter valued at about $47,000. Finally, IAG Wealth Partners LLC lifted its stake in shares of iShares Semiconductor ETF by 63.6% in the first quarter. IAG Wealth Partners LLC now owns 342 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 133 shares during the period.

iShares Semiconductor ETF Stock Up 3.5%

Shares of SOXX opened at $267.57 on Friday. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. The company has a 50-day moving average price of $247.21 and a two-hundred day moving average price of $218.06. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $268.98.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Tuesday, September 16th will be issued a $0.5407 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 16th.

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).