iShares Semiconductor ETF (NASDAQ:SOXX) Stock Scheduled to Split on Thursday, November 5th

Shares of iShares Semiconductor ETF (NASDAQ:SOXX) are going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $471.51 on Friday. The stock’s 50 day simple moving average is $529.13 and its 200-day simple moving average is $474.88. The stock has a market cap of $44.84 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 1-year low of $260.44 and a 1-year high of $655.95.

iShares Semiconductor ETF Increases Dividend

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

Institutional Trading of iShares Semiconductor ETF

Large investors have recently added to or reduced their stakes in the stock. NWF Advisory Services Inc. purchased a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth $1,065,000. Squarepoint Ops LLC grew its stake 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 in the last quarter. RFG Advisory LLC grew its stake 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 in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares Semiconductor ETF during the second quarter worth $682,000. Finally, Schuylkill Financial LLC purchased a new position in iShares Semiconductor ETF in the second quarter valued at $1,028,000.

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.