iShares Semiconductor ETF $SOXX Holdings Lowered by Insight Wealth Partners LLC

Insight Wealth Partners LLC decreased its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 13.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,039 shares of the exchange traded fund’s stock after selling 1,078 shares during the period. iShares Semiconductor ETF makes up approximately 0.5% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 19th largest holding. Insight Wealth Partners LLC’s holdings in iShares Semiconductor ETF were worth $4,003,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in SOXX. NWF Advisory Services Inc. acquired a new position in shares of iShares Semiconductor ETF in the 2nd quarter worth $1,065,000. Squarepoint Ops LLC raised its position in shares of iShares Semiconductor ETF by 2,421.8% during the second quarter. Squarepoint Ops LLC now owns 41,610 shares of the exchange traded fund’s stock worth $26,662,000 after purchasing an additional 39,960 shares during the period. RFG Advisory LLC raised its position in shares of iShares Semiconductor ETF by 319.1% during the second quarter. RFG Advisory LLC now owns 19,219 shares of the exchange traded fund’s stock worth $12,315,000 after purchasing an additional 14,633 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares Semiconductor ETF during the second quarter valued at $682,000. Finally, Schuylkill Financial LLC purchased a new stake in shares of iShares Semiconductor ETF during the second quarter valued at $1,028,000.

iShares Semiconductor ETF Stock Up 2.9%

NASDAQ:SOXX opened at $491.83 on Tuesday. iShares Semiconductor ETF has a 1-year low of $260.44 and a 1-year high of $655.95. The firm has a market capitalization of $43.77 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The stock has a fifty day simple moving average of $531.41 and a 200 day simple moving average of $471.31.

iShares Semiconductor ETF’s stock is going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

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

iShares Semiconductor ETF Company 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.