LPL Financial LLC Has $158.82 Million Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

LPL Financial LLC increased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 7.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 843,995 shares of the exchange traded fund’s stock after purchasing an additional 57,350 shares during the period. LPL Financial LLC owned approximately 1.46% of iShares Semiconductor ETF worth $158,815,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SOXX. D. E. Shaw & Co. Inc. bought a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $95,496,000. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of iShares Semiconductor ETF by 4,151.3% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock valued at $71,516,000 after purchasing an additional 371,122 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of iShares Semiconductor ETF by 64.5% in the fourth quarter. Bank of Nova Scotia now owns 264,372 shares of the exchange traded fund’s stock valued at $56,970,000 after purchasing an additional 103,622 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares Semiconductor ETF by 32.0% in the fourth quarter. BNP Paribas Financial Markets now owns 302,395 shares of the exchange traded fund’s stock valued at $65,163,000 after purchasing an additional 73,318 shares in the last quarter. Finally, J. Goldman & Co LP acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $14,912,000.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $245.75 on Tuesday. The firm has a market cap of $13.87 billion, a P/E ratio of 31.84 and a beta of 1.34. The firm has a 50 day simple moving average of $229.56 and a 200 day simple moving average of $210.97. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $250.19.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were issued a $0.4833 dividend. The ex-dividend date was Monday, June 16th. This represents a $1.93 dividend on an annualized basis and a dividend yield of 0.79%. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.31.

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).