RFG Advisory LLC Purchases 14,633 Shares of iShares Semiconductor ETF $SOXX

RFG Advisory LLC boosted its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 319.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,219 shares of the exchange traded fund’s stock after purchasing an additional 14,633 shares during the period. RFG Advisory LLC’s holdings in iShares Semiconductor ETF were worth $12,315,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SOXX. Goldman Sachs Group Inc. grew its holdings in shares of iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after acquiring an additional 941,363 shares during the period. Oasis Management Co Ltd. increased its holdings in shares of iShares Semiconductor ETF by 100.4% in the 4th quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 804,400 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares Semiconductor ETF by 30.0% in the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after acquiring an additional 547,109 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares Semiconductor ETF by 20.9% in the 1st quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock worth $1,023,867,000 after buying an additional 538,125 shares during the last quarter. Finally, Bank of Nova Scotia boosted its stake in shares of iShares Semiconductor ETF by 5,159.3% in the 4th quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock worth $136,005,000 after buying an additional 443,030 shares during the last quarter.

iShares Semiconductor ETF Trading Up 1.6%

Shares of NASDAQ SOXX opened at $528.40 on Wednesday. The firm has a 50 day moving average of $533.68 and a 200 day moving average of $483.09. The firm has a market capitalization of $47.37 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 12-month low of $247.23 and a 12-month high of $655.95.

Shares of iShares Semiconductor ETF are going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2827 per share. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, June 15th.

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.