Royal Fund Management LLC Raises Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Royal Fund Management LLC increased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 266.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,170 shares of the exchange traded fund’s stock after purchasing an additional 88,099 shares during the quarter. iShares Semiconductor ETF accounts for 1.7% of Royal Fund Management LLC’s portfolio, making the stock its 9th largest position. Royal Fund Management LLC owned about 0.19% of iShares Semiconductor ETF worth $27,941,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of iShares Semiconductor ETF by 737.5% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,010,000 shares of the exchange traded fund’s stock valued at $495,726,000 after purchasing an additional 1,770,000 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in iShares Semiconductor ETF by 1.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 1,456,901 shares of the exchange traded fund’s stock valued at $345,674,000 after buying an additional 25,596 shares during the last quarter. BNP Paribas Financial Markets raised its position in iShares Semiconductor ETF by 354.2% in the first quarter. BNP Paribas Financial Markets now owns 1,427,465 shares of the exchange traded fund’s stock worth $322,493,000 after acquiring an additional 1,113,176 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Semiconductor ETF by 6.8% during the 2nd quarter. LPL Financial LLC now owns 776,634 shares of the exchange traded fund’s stock worth $191,541,000 after acquiring an additional 49,227 shares during the last quarter. Finally, Global Assets Advisory LLC bought a new position in iShares Semiconductor ETF in the 1st quarter worth $107,385,000.

iShares Semiconductor ETF Stock Down 0.4 %

NASDAQ:SOXX traded down $0.98 during mid-day trading on Wednesday, hitting $231.74. 187,711 shares of the company traded hands, compared to its average volume of 3,827,469. The stock’s fifty day moving average price is $222.64 and its 200-day moving average price is $229.59. The firm has a market cap of $14.95 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a one year low of $144.40 and a one year high of $267.24.

iShares Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.5524 per share. The ex-dividend date was Wednesday, September 25th.

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).