iShares Semiconductor ETF $SOXX Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 11.7% in the third quarter, HoldingsChannel.com reports. The fund owned 114,028 shares of the exchange traded fund’s stock after buying an additional 11,980 shares during the quarter. SG Americas Securities LLC’s holdings in iShares Semiconductor ETF were worth $30,915,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SOXX. Clal Insurance Enterprises Holdings Ltd lifted its stake in iShares Semiconductor ETF by 4,677.9% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 201,722 shares of the exchange traded fund’s stock valued at $48,151,000 after buying an additional 197,500 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after acquiring an additional 159,203 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its position in iShares Semiconductor ETF by 304.7% in the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 156,338 shares of the exchange traded fund’s stock valued at $37,317,000 after purchasing an additional 117,703 shares during the last quarter. Wellspring Financial Advisors LLC acquired a new position in iShares Semiconductor ETF during the 2nd quarter valued at about $25,749,000. Finally, L & S Advisors Inc bought a new position in iShares Semiconductor ETF in the 2nd quarter worth about $23,679,000.

iShares Semiconductor ETF Trading Down 1.1%

Shares of NASDAQ SOXX opened at $324.89 on Thursday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $329.15. The company has a market cap of $18.91 billion, a PE ratio of 31.84 and a beta of 1.51. The stock has a 50 day simple moving average of $299.81 and a 200-day simple moving average of $272.17.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.4363 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, December 16th.

About iShares Semiconductor ETF

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.