M&T Bank Corp Increases Position in iShares Semiconductor ETF $SOXX

M&T Bank Corp boosted its holdings in shares of 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. The institutional investor owned 3,648 shares of the exchange traded fund’s stock after acquiring an additional 2,733 shares during the period. M&T Bank Corp’s holdings in iShares Semiconductor ETF were worth $1,099,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SOXX. Bison Wealth LLC purchased a new stake in iShares Semiconductor ETF during the 4th quarter valued at about $201,000. AQR Capital Management LLC grew its stake in iShares Semiconductor ETF by 83.9% during the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock valued at $421,000 after acquiring an additional 1,021 shares in the last quarter. Schnieders Capital Management LLC. grew its stake in iShares Semiconductor ETF by 102.6% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock valued at $834,000 after acquiring an additional 1,770 shares in the last quarter. Amundi purchased a new stake in iShares Semiconductor ETF during the 2nd quarter valued at about $831,000. Finally, Cerity Partners LLC grew its stake in shares of iShares Semiconductor ETF by 9.0% in the 2nd quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after buying an additional 482 shares during the period.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $461.44 on Friday. The firm has a 50 day simple moving average of $367.36 and a 200-day simple moving average of $332.42. iShares Semiconductor ETF has a 1-year low of $183.47 and a 1-year high of $463.87. The stock has a market cap of $30.41 billion, a price-to-earnings ratio of 31.84 and a beta of 1.53.

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 paid a $0.2079 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend and a dividend yield of 0.2%.

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.