Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 381,329 shares of the exchange traded fund’s stock, valued at approximately $216,839,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.40% of iShares Semiconductor ETF at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Triumph Capital Management grew its position in iShares Semiconductor ETF by 44.4% during the second quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares in the last quarter. Willner & Heller LLC raised its holdings in shares of iShares Semiconductor ETF by 1.6% in the 2nd quarter. Willner & Heller LLC now owns 1,376 shares of the exchange traded fund’s stock valued at $882,000 after acquiring an additional 22 shares in the last quarter. Round Rock Advisors LLC boosted its position in shares of iShares Semiconductor ETF by 3.2% during the 2nd quarter. Round Rock Advisors LLC now owns 703 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 22 shares during the last quarter. IAG Wealth Partners LLC increased its position in shares of iShares Semiconductor ETF by 5.7% in the first quarter. IAG Wealth Partners LLC now owns 462 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 25 shares during the last quarter. Finally, Lodestar Private Asset Management LLC increased its position in shares of iShares Semiconductor ETF by 1.3% in the first quarter. Lodestar Private Asset Management LLC now owns 2,006 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 26 shares during the last quarter.
iShares Semiconductor ETF Stock Down 8.2%
NASDAQ SOXX opened at $471.51 on Friday. The stock’s 50-day simple moving average is $529.13 and its two-hundred day simple moving average is $474.88. iShares Semiconductor ETF has a twelve month low of $260.44 and a twelve month high of $655.95. The company has a market capitalization of $44.84 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.
Shares of iShares Semiconductor ETF are going to split on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes on Wednesday, November 4th.
iShares Semiconductor ETF Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.3250 per share. This represents a $1.30 annualized dividend and a dividend yield of 0.3%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date of this dividend was Tuesday, September 15th.
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.
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