13,214 Shares in iShares Semiconductor ETF $SOXX Acquired by Quantitative Investment Management LLC

Quantitative Investment Management LLC acquired a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the third quarter, HoldingsChannel reports. The firm acquired 13,214 shares of the exchange traded fund’s stock, valued at approximately $3,582,000.

Other hedge funds also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in iShares Semiconductor ETF in the third quarter worth $25,000. Johnson Financial Group Inc. purchased a new stake in shares of iShares Semiconductor ETF during the second quarter valued at $32,000. Financial Consulate Inc. purchased a new stake in shares of iShares Semiconductor ETF during the third quarter valued at $34,000. Wellington Shields & Co. LLC bought a new position in shares of iShares Semiconductor ETF in the third quarter worth about $41,000. Finally, Blue Trust Inc. grew its holdings in shares of iShares Semiconductor ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 44 shares during the last quarter.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $330.05 on Friday. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $368.82. The firm’s 50-day moving average is $343.70 and its 200 day moving average is $304.72. The company has a market capitalization of $20.00 billion, a PE ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.4363 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Tuesday, December 16th.

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). 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.