Alpine Global Management LLC Invests $482,000 in iShares Semiconductor ETF $SOXX

Alpine Global Management LLC acquired a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,600 shares of the exchange traded fund’s stock, valued at approximately $482,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXX. BOKF NA bought a new position in iShares Semiconductor ETF during the fourth quarter valued at about $30,000. Commonwealth Retirement Investments LLC bought a new stake in iShares Semiconductor ETF in the fourth quarter worth about $32,000. Wealth Watch Advisors INC raised its position in 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 acquired a new stake in iShares Semiconductor ETF in the 3rd quarter valued at about $35,000. Finally, Optima Capital LLC acquired a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $41,000.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $639.45 on Friday. The company has a 50-day moving average of $512.46 and a 200-day moving average of $395.19. The firm has a market cap of $41.44 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a twelve month low of $221.86 and a twelve month high of $644.43.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2827 per share. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a 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.