Alpine Global Management LLC Takes Position in iShares Semiconductor ETF $SOXX

Alpine Global Management LLC purchased 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 firm purchased 1,600 shares of the exchange traded fund’s stock, valued at approximately $482,000.

A number of other institutional investors have also recently bought and sold shares of SOXX. BOKF NA purchased a new stake in iShares Semiconductor ETF during the fourth quarter valued at about $30,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter worth about $32,000. Wealth Watch Advisors INC increased its position in shares of iShares Semiconductor ETF by 278.6% in the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 78 shares in the last quarter. Strategic Advocates LLC purchased a new position in shares of iShares Semiconductor ETF in the third quarter worth approximately $35,000. Finally, Optima Capital LLC acquired a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at approximately $41,000.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXX opened at $639.45 on Friday. The firm has a 50 day simple moving average of $512.46 and a 200 day simple moving average of $395.19. iShares Semiconductor ETF has a 52 week low of $221.86 and a 52 week high of $644.43. The company has a market cap of $41.44 billion, a PE ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.2827 dividend. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 15th.

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.