Park Avenue Securities LLC Boosts Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Park Avenue Securities LLC grew its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 1,612.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,361 shares of the exchange traded fund’s stock after purchasing an additional 9,756 shares during the period. Park Avenue Securities LLC’s holdings in iShares Semiconductor ETF were worth $2,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Kayne Anderson Rudnick Investment Management LLC purchased a new position in iShares Semiconductor ETF in the third quarter worth approximately $26,000. Signaturefd LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $29,000. Macroview Investment Management LLC grew its position in iShares Semiconductor ETF by 307.7% in the fourth quarter. Macroview Investment Management LLC now owns 53 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 40 shares during the period. GAMMA Investing LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $36,000. Finally, Tortoise Investment Management LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $36,000.

iShares Semiconductor ETF Stock Down 1.0 %

NASDAQ:SOXX opened at $249.78 on Friday. The stock’s fifty day moving average is $229.23 and its two-hundred day moving average is $213.50. iShares Semiconductor ETF has a 52 week low of $144.40 and a 52 week high of $260.65. The stock has a market capitalization of $14.45 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.3103 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date 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).