M&T Bank Corp Boosts Holdings in iShares Semiconductor ETF $SOXX

M&T Bank Corp grew its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 298.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,648 shares of the exchange traded fund’s stock after buying an additional 2,733 shares during the period. M&T Bank Corp’s holdings in iShares Semiconductor ETF were worth $1,099,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SOXX. Foundations Investment Advisors LLC boosted its position in shares of iShares Semiconductor ETF by 27,470.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock worth $89,700,000 after purchasing an additional 329,650 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of iShares Semiconductor ETF by 3,068.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 271,415 shares of the exchange traded fund’s stock worth $73,586,000 after purchasing an additional 262,850 shares during the period. Quadrature Capital Ltd boosted its position in shares of iShares Semiconductor ETF by 6,111.9% during the 3rd quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock worth $71,772,000 after purchasing an additional 260,365 shares during the period. Bank of America Corp DE boosted its position in shares of iShares Semiconductor ETF by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after purchasing an additional 159,203 shares during the period. Finally, Barclays PLC boosted its position in shares of iShares Semiconductor ETF by 80.7% during the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after purchasing an additional 145,698 shares during the period.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $461.44 on Friday. The stock has a market capitalization of $30.41 billion, a P/E ratio of 31.84 and a beta of 1.53. The company has a 50 day moving average price of $367.36 and a 200 day moving average price of $332.42. iShares Semiconductor ETF has a fifty-two week low of $183.47 and a fifty-two week high of $463.87.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.2079 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a yield of 0.2%.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.