First Interstate Bank Has $454,000 Position in iShares Semiconductor ETF $SOXX

First Interstate Bank lessened its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 94.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,382 shares of the exchange traded fund’s stock after selling 23,367 shares during the period. First Interstate Bank’s holdings in iShares Semiconductor ETF were worth $454,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in SOXX. BOKF NA bought a new position in iShares Semiconductor ETF during the fourth quarter valued at about $30,000. Commonwealth Retirement Investments LLC acquired a new position in iShares Semiconductor ETF in the 4th quarter valued at approximately $32,000. Wealth Watch Advisors INC lifted its position in shares of iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 78 shares during the period. Strategic Advocates LLC bought a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $35,000. Finally, SHP Wealth Management bought a new stake in shares of iShares Semiconductor ETF in the 4th quarter worth approximately $38,000.

iShares Semiconductor ETF Trading Up 1.9%

Shares of NASDAQ:SOXX opened at $562.03 on Thursday. The firm has a market capitalization of $40.63 billion, a PE ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a 1-year low of $232.33 and a 1-year high of $655.95. The business’s 50 day moving average is $559.39 and its 200-day moving average is $422.67.

iShares Semiconductor ETF Increases Dividend

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

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.