52,400 Shares in iShares Semiconductor ETF $SOXX Purchased by Maxi Investments CY Ltd

Maxi Investments CY Ltd acquired a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 52,400 shares of the exchange traded fund’s stock, valued at approximately $15,780,000. iShares Semiconductor ETF comprises about 2.9% of Maxi Investments CY Ltd’s portfolio, making the stock its 6th largest position.

A number of other hedge funds also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after acquiring an additional 159,203 shares during the last quarter. Foundations Investment Advisors LLC raised its holdings in iShares Semiconductor ETF by 27,470.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock valued at $89,700,000 after acquiring an additional 329,650 shares during the last quarter. Barclays PLC raised its holdings in iShares Semiconductor ETF by 80.7% in the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock valued at $88,424,000 after acquiring an additional 145,698 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares Semiconductor ETF by 83.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 307,105 shares of the exchange traded fund’s stock valued at $83,263,000 after acquiring an additional 139,474 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in iShares Semiconductor ETF by 6.1% during the second quarter. Ameriprise Financial Inc. now owns 301,244 shares of the exchange traded fund’s stock worth $71,934,000 after purchasing an additional 17,202 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of SOXX stock opened at $492.36 on Friday. The firm’s 50-day moving average is $375.43 and its two-hundred day moving average is $337.48. iShares Semiconductor ETF has a 12 month low of $190.47 and a 12 month high of $506.94. The company has a market capitalization of $31.90 billion, a PE ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders 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 dividend 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.