Leo Wealth LLC Invests $211,000 in iShares Semiconductor ETF $SOXX

Leo Wealth LLC purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 917 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXX. BNP Paribas Financial Markets raised its position in iShares Semiconductor ETF by 220.2% during the first quarter. BNP Paribas Financial Markets now owns 968,262 shares of the exchange traded fund’s stock worth $182,198,000 after acquiring an additional 665,867 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its stake in iShares Semiconductor ETF by 4,151.3% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after buying an additional 371,122 shares in the last quarter. LPL Financial LLC grew its stake in iShares Semiconductor ETF by 7.3% during the first quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after buying an additional 57,350 shares in the last quarter. Avondale Wealth Management grew its stake in iShares Semiconductor ETF by 528.7% during the second quarter. Avondale Wealth Management now owns 44,796 shares of the exchange traded fund’s stock worth $10,693,000 after buying an additional 37,671 shares in the last quarter. Finally, Clark Capital Management Group Inc. acquired a new stake in iShares Semiconductor ETF during the first quarter worth about $6,149,000.

iShares Semiconductor ETF Stock Down 6.3%

Shares of iShares Semiconductor ETF stock opened at $271.99 on Friday. The company has a market capitalization of $14.86 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $292.51. The firm’s 50-day moving average price is $257.32 and its two-hundred day moving average price is $226.33.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.5407 per share. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 dividend on an annualized basis and a yield of 0.8%.

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).