Raymond James Trust N.A. Decreases Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Raymond James Trust N.A. cut its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,357 shares of the exchange traded fund’s stock after selling 49 shares during the quarter. Raymond James Trust N.A.’s holdings in iShares Semiconductor ETF were worth $581,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Gerber LLC acquired a new position in iShares Semiconductor ETF in the 4th quarter valued at about $403,000. Twin Focus Capital Partners LLC increased its stake in shares of iShares Semiconductor ETF by 107.6% during the 4th quarter. Twin Focus Capital Partners LLC now owns 2,885 shares of the exchange traded fund’s stock valued at $1,662,000 after acquiring an additional 1,495 shares during the last quarter. Optimum Investment Advisors lifted its holdings in shares of iShares Semiconductor ETF by 56.3% during the 2nd quarter. Optimum Investment Advisors now owns 361 shares of the exchange traded fund’s stock worth $89,000 after acquiring an additional 130 shares during the period. LRI Investments LLC acquired a new stake in shares of iShares Semiconductor ETF in the first quarter worth approximately $33,000. Finally, Atria Investments Inc increased its position in iShares Semiconductor ETF by 220.1% during the first quarter. Atria Investments Inc now owns 10,509 shares of the exchange traded fund’s stock worth $2,374,000 after purchasing an additional 7,226 shares during the last quarter.

iShares Semiconductor ETF Stock Down 2.5 %

Shares of NASDAQ SOXX opened at $227.53 on Tuesday. The stock has a market capitalization of $14.33 billion, a PE ratio of 10.60 and a beta of 1.34. The firm has a fifty day moving average of $237.53 and a 200-day moving average of $228.35. iShares Semiconductor ETF has a 52-week low of $144.40 and a 52-week high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.3103 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend was Tuesday, June 11th.

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).