Beacon Capital Management LLC Acquires 615 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Beacon Capital Management LLC increased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 260.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 851 shares of the exchange traded fund’s stock after acquiring an additional 615 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of SOXX. McAdam LLC boosted its holdings in iShares Semiconductor ETF by 42.5% in the second quarter. McAdam LLC now owns 4,671 shares of the exchange traded fund’s stock worth $1,152,000 after acquiring an additional 1,392 shares in the last quarter. Family Firm Inc. purchased a new position in shares of iShares Semiconductor ETF in the 2nd quarter worth about $61,000. Transcendent Capital Group LLC bought a new position in iShares Semiconductor ETF in the 2nd quarter worth about $31,000. Joseph P. Lucia & Associates LLC grew its position in iShares Semiconductor ETF by 8.2% during the 2nd quarter. Joseph P. Lucia & Associates LLC now owns 3,917 shares of the exchange traded fund’s stock valued at $966,000 after purchasing an additional 297 shares during the last quarter. Finally, Avitas Wealth Management LLC grew its position in iShares Semiconductor ETF by 0.9% during the 2nd quarter. Avitas Wealth Management LLC now owns 5,407 shares of the exchange traded fund’s stock valued at $1,334,000 after purchasing an additional 50 shares during the last quarter.

iShares Semiconductor ETF Stock Up 2.7 %

iShares Semiconductor ETF stock traded up $6.09 during trading hours on Friday, hitting $233.39. The stock had a trading volume of 3,452,909 shares, compared to its average volume of 3,888,529. The stock’s 50-day moving average price is $238.10 and its 200-day moving average price is $227.82. The stock has a market capitalization of $14.70 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12-month low of $144.40 and a 12-month high of $267.24.

iShares Semiconductor ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a $0.3103 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.24 dividend on an annualized basis and a yield of 0.53%.

iShares Semiconductor ETF Company Profile

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).