Brookstone Capital Management Boosts Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Brookstone Capital Management increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 272.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,229 shares of the exchange traded fund’s stock after acquiring an additional 6,019 shares during the period. Brookstone Capital Management’s holdings in iShares Semiconductor ETF were worth $1,859,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Gerber LLC purchased a new stake in iShares Semiconductor ETF during the 4th quarter worth about $403,000. Twin Focus Capital Partners LLC increased its stake in shares of iShares Semiconductor ETF by 107.6% during the fourth quarter. Twin Focus Capital Partners LLC now owns 2,885 shares of the exchange traded fund’s stock worth $1,662,000 after buying an additional 1,495 shares during the period. Gray Foundation acquired a new stake in iShares Semiconductor ETF in the fourth quarter valued at approximately $10,812,000. Annex Advisory Services LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $466,000. Finally, Yarbrough Capital LLC grew its holdings in iShares Semiconductor ETF by 200.0% during the 1st quarter. Yarbrough Capital LLC now owns 82,383 shares of the exchange traded fund’s stock worth $18,612,000 after acquiring an additional 54,922 shares in the last quarter.

iShares Semiconductor ETF Trading Up 1.0 %

Shares of SOXX opened at $246.63 on Friday. The firm’s fifty day simple moving average is $232.78 and its 200-day simple moving average is $215.70. The firm has a market capitalization of $14.27 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a twelve month low of $144.40 and a twelve month high of $260.65.

iShares Semiconductor ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued 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).