Cypress Wealth Services LLC Raises Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Cypress Wealth Services LLC raised its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 16.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,256 shares of the exchange traded fund’s stock after purchasing an additional 182 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares Semiconductor ETF were worth $310,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Optimum Investment Advisors increased its stake in iShares Semiconductor ETF by 56.3% in the 2nd quarter. Optimum Investment Advisors now owns 361 shares of the exchange traded fund’s stock valued at $89,000 after buying an additional 130 shares during the period. SG Americas Securities LLC lifted its position in iShares Semiconductor ETF by 15.5% in the second quarter. SG Americas Securities LLC now owns 66,667 shares of the exchange traded fund’s stock valued at $16,442,000 after purchasing an additional 8,934 shares during the period. Opal Wealth Advisors LLC purchased a new stake in iShares Semiconductor ETF in the 2nd quarter valued at approximately $45,000. First National Corp MA ADV grew its holdings in iShares Semiconductor ETF by 50.6% during the second quarter. First National Corp MA ADV now owns 23,343 shares of the exchange traded fund’s stock worth $5,757,000 after acquiring an additional 7,847 shares during the period. Finally, Lion Street Advisors LLC acquired a new stake in iShares Semiconductor ETF in the second quarter valued at $273,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ SOXX traded down $1.26 during trading on Friday, hitting $211.78. 3,454,505 shares of the company were exchanged, compared to its average volume of 3,920,470. The firm’s fifty day moving average price is $241.12 and its 200 day moving average price is $225.88. The company has a market cap of $13.34 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1 year low of $144.40 and a 1 year high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a dividend of $0.3103 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.59%.

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).