Modera Wealth Management LLC Has $416,000 Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Modera Wealth Management LLC lifted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 16.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,687 shares of the exchange traded fund’s stock after purchasing an additional 241 shares during the period. Modera Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $416,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SOXX. BNP Paribas Financial Markets raised its position in shares of iShares Semiconductor ETF by 354.2% during 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 last quarter. Global Assets Advisory LLC bought a new stake in iShares Semiconductor ETF during the 1st quarter worth about $107,385,000. Twin Tree Management LP lifted its position in iShares Semiconductor ETF by 57,508.5% during the 1st quarter. Twin Tree Management LP now owns 222,369 shares of the exchange traded fund’s stock valued at $50,238,000 after purchasing an additional 221,983 shares during the period. Commonwealth Equity Services LLC lifted its position in iShares Semiconductor ETF by 267.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 262,774 shares of the exchange traded fund’s stock valued at $59,366,000 after purchasing an additional 191,206 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares Semiconductor ETF by 326.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 244,955 shares of the exchange traded fund’s stock valued at $55,340,000 after purchasing an additional 187,457 shares during the last quarter.

iShares Semiconductor ETF Trading Up 2.6 %

Shares of SOXX traded up $5.89 on Friday, reaching $231.14. 3,200,426 shares of the company’s stock were exchanged, compared to its average volume of 3,862,009. The business has a 50 day moving average price of $235.37 and a two-hundred day moving average price of $228.61. iShares Semiconductor ETF has a 12 month low of $144.40 and a 12 month high of $267.24. The stock has a market capitalization of $14.56 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.3103 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend was Tuesday, June 11th.

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).