Perbak Capital Partners LLP Buys New Holdings in iShares Semiconductor ETF $SOXX

Perbak Capital Partners LLP purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 36,666 shares of the exchange traded fund’s stock, valued at approximately $9,941,000. iShares Semiconductor ETF comprises approximately 1.7% of Perbak Capital Partners LLP’s portfolio, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SOXX. Barnes Dennig Private Wealth Management LLC bought a new position in shares of iShares Semiconductor ETF in the third quarter worth approximately $25,000. Johnson Financial Group Inc. purchased a new position in shares of iShares Semiconductor ETF in the second quarter worth $32,000. Financial Consulate Inc. bought a new stake in iShares Semiconductor ETF during the 3rd quarter valued at $34,000. Wellington Shields & Co. LLC bought a new stake in iShares Semiconductor ETF during the 3rd quarter valued at $41,000. Finally, Blue Trust Inc. boosted its position in iShares Semiconductor ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 44 shares during the period.

iShares Semiconductor ETF Stock Up 0.3%

Shares of SOXX opened at $331.32 on Friday. The stock has a market capitalization of $20.08 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $368.82. The firm has a fifty day simple moving average of $344.06 and a two-hundred day simple moving average of $305.30.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.4363 per share. This represents a $1.75 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.