iShares Semiconductor ETF $SOXX Stock: IFP Advisors Inc Boosts Stake

IFP Advisors Inc lifted its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 21.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,706 shares of the exchange traded fund’s stock after purchasing an additional 4,770 shares during the quarter. IFP Advisors Inc’s holdings in iShares Semiconductor ETF were worth $15,186,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SOXX. NWF Advisory Services Inc. bought a new position in iShares Semiconductor ETF during the second quarter valued at $1,065,000. Squarepoint Ops LLC raised its stake in shares of iShares Semiconductor ETF by 2,421.8% in the second quarter. Squarepoint Ops LLC now owns 41,610 shares of the exchange traded fund’s stock valued at $26,662,000 after acquiring an additional 39,960 shares during the period. RFG Advisory LLC raised its stake in shares of iShares Semiconductor ETF by 319.1% in the second quarter. RFG Advisory LLC now owns 19,219 shares of the exchange traded fund’s stock valued at $12,315,000 after acquiring an additional 14,633 shares during the period. Centerpoint Advisory Group bought a new stake in shares of iShares Semiconductor ETF in the 1st quarter worth about $474,000. Finally, Camarda Financial Advisors LLC bought a new stake in shares of iShares Semiconductor ETF in the 2nd quarter worth about $769,000.

Trending Headlines about iShares Semiconductor ETF

Here are the key news stories impacting iShares Semiconductor ETF this week:

• Positive Sentiment: Some analysts view the semiconductor pullback as a potential buying opportunity, citing continued AI demand, strong long-term revenue forecasts and relatively attractive valuations in parts of the sector. Buy the Dip in Semiconductor Stocks & ETFs?
• Positive Sentiment: A market outlook calling for a year-end recovery could support SOXX if rate concerns ease and investors return to growth and AI stocks. Why This Market Washout Will Spark a Year-End Rally
• Neutral Sentiment: The ETF is scheduled to add Advanced Micro Devices (AMD) and Intel (INTC), changing its portfolio exposure and potentially increasing sensitivity to those companies’ earnings and outlooks. iShares PHLX SOX Semiconductor Adds AMD and INTC
• Negative Sentiment: SOXX’s nine-session losing streak reflects an unusually broad semiconductor selloff, with weakness extending across U.S. and Asian chip markets and optical-component stocks. Chip Stocks Endure Longest Losing Streak Since 2006
• Negative Sentiment: Investors are increasingly worried that higher interest rates and inflation will pressure high-growth technology valuations, while the cost and financing of the AI buildout may not justify current expectations. US Chip Stocks Set to Wipe Out $2 Trillion
• Negative Sentiment: Credit concerns surrounding CoreWeave have added to fears about the financial sustainability of AI infrastructure spending, intensifying selling across chip and AI beneficiaries. Global AI and Semiconductor Stocks Lose Over $1 Trillion

iShares Semiconductor ETF Trading Down 4.1%

SOXX stock opened at $493.39 on Friday. iShares Semiconductor ETF has a 12 month low of $260.44 and a 12 month high of $655.95. The company has a 50-day moving average price of $536.87 and a 200 day moving average price of $522.25. The stock has a market cap of $40.51 billion, a PE ratio of 31.84 and a beta of 1.80.

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

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.3250 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.30 dividend on an annualized basis and a yield of 0.3%.

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). 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.