Investors Purchase Large Volume of iShares Semiconductor ETF Put Options (NASDAQ:SOXX)

iShares Semiconductor ETF (NASDAQ:SOXX) saw unusually large options trading on Friday. Stock investors acquired 5,559 put options on the stock. This represents an increase of 48% compared to the average daily volume of 3,750 put options.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Kayne Anderson Rudnick Investment Management LLC purchased a new position in iShares Semiconductor ETF in the third quarter worth approximately $26,000. Financial Synergies Wealth Advisors Inc. boosted its position in shares of iShares Semiconductor ETF by 200.0% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 114 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 76 shares during the period. Impact Partnership Wealth LLC boosted its position in shares of iShares Semiconductor ETF by 833.3% during the third quarter. Impact Partnership Wealth LLC now owns 56 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 50 shares during the period. Signaturefd LLC purchased a new position in shares of iShares Semiconductor ETF during the fourth quarter worth $29,000. Finally, Sheets Smith Wealth Management purchased a new position in shares of iShares Semiconductor ETF during the third quarter worth $31,000.

iShares Semiconductor ETF Trading Down 1.9 %

iShares Semiconductor ETF stock traded down $3.90 during mid-day trading on Friday, hitting $202.73. The company’s stock had a trading volume of 2,024,013 shares, compared to its average volume of 4,043,105. The firm has a market capitalization of $11.54 billion, a PE ratio of 17.05 and a beta of 1.34. iShares Semiconductor ETF has a 1 year low of $131.53 and a 1 year high of $240.01. The stock’s fifty day moving average is $219.16 and its two-hundred day moving average is $191.01.

iShares Semiconductor ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.2249 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 annualized dividend and a yield of 0.44%.

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).