1,000 Shares in iShares Semiconductor ETF $SOXX Purchased by Arrowpoint Investment Partners Singapore Pte. Ltd.

Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $301,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BOKF NA purchased a new stake in iShares Semiconductor ETF during the 4th quarter valued at about $30,000. Strategic Advocates LLC purchased a new stake in iShares Semiconductor ETF during the third quarter valued at $35,000. Wellington Shields & Co. LLC purchased a new stake in iShares Semiconductor ETF during the third quarter valued at $41,000. Optima Capital LLC purchased a new stake in iShares Semiconductor ETF during the fourth quarter valued at $41,000. Finally, Garner Asset Management Corp purchased a new stake in iShares Semiconductor ETF during the fourth quarter valued at $45,000.

iShares Semiconductor ETF Stock Down 2.1%

Shares of SOXX opened at $602.72 on Friday. The business has a 50-day simple moving average of $456.85 and a two-hundred day simple moving average of $372.13. The stock has a market cap of $39.06 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 52 week low of $214.41 and a 52 week high of $618.84.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.2079 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, March 17th.

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.