Marshall & Sterling Wealth Advisors Inc. Purchases 1,113 Shares of iShares Semiconductor ETF $SOXX

Marshall & Sterling Wealth Advisors Inc. grew its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 108.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,138 shares of the exchange traded fund’s stock after purchasing an additional 1,113 shares during the quarter. Marshall & Sterling Wealth Advisors Inc.’s holdings in iShares Semiconductor ETF were worth $703,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SOXX. Bison Wealth LLC acquired a new position in iShares Semiconductor ETF during the fourth quarter valued at approximately $201,000. AQR Capital Management LLC lifted its stake in iShares Semiconductor ETF by 83.9% during the first quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after purchasing an additional 1,021 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of iShares Semiconductor ETF by 102.6% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock valued at $834,000 after purchasing an additional 1,770 shares in the last quarter. Amundi acquired a new stake in shares of iShares Semiconductor ETF in the 2nd quarter valued at $831,000. Finally, Cerity Partners LLC increased its stake in shares of iShares Semiconductor ETF by 9.0% in the 2nd quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after purchasing an additional 482 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $521.81 on Friday. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95. The firm has a market cap of $42.24 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The business’s fifty day moving average is $570.18 and its 200-day moving average is $434.16.

iShares Semiconductor ETF Increases Dividend

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

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.