Retirement Planning Group LLC Sells 1,178 Shares of iShares Semiconductor ETF $SOXX

Retirement Planning Group LLC reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 31.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,619 shares of the exchange traded fund’s stock after selling 1,178 shares during the period. Retirement Planning Group LLC’s holdings in iShares Semiconductor ETF were worth $861,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. BOKF NA purchased a new position in iShares Semiconductor ETF during the fourth quarter valued at approximately $30,000. Commonwealth Retirement Investments LLC bought a new position in shares of iShares Semiconductor ETF in the fourth quarter worth approximately $32,000. Wealth Watch Advisors INC increased its stake in shares of iShares Semiconductor ETF by 278.6% in the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 78 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth $38,000. Finally, Strategic Advocates LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $35,000.

iShares Semiconductor ETF Stock Performance

SOXX opened at $567.92 on Wednesday. iShares Semiconductor ETF has a fifty-two week low of $232.33 and a fifty-two week high of $655.95. The firm’s fifty day moving average is $568.41 and its 200 day moving average is $430.20. The stock has a market cap of $46.51 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77.

iShares Semiconductor ETF Increases Dividend

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

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.