Y Intercept Hong Kong Ltd Purchases New Stake in iShares Semiconductor ETF $SOXX

Y Intercept Hong Kong Ltd acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,110 shares of the exchange traded fund’s stock, valued at approximately $2,008,000.

Several other large investors also recently added to or reduced their stakes in SOXX. Greenberg Financial Group purchased a new stake in shares of iShares Semiconductor ETF in the 4th quarter valued at approximately $843,000. Moulton Wealth Management Inc. acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $5,773,000. Eagle Strategies LLC acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $526,000. Madrid Wealth Management LLC acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $493,000. Finally, Welch Financial Planning LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth approximately $494,000.

iShares Semiconductor ETF Stock Up 1.9%

SOXX stock opened at $562.03 on Thursday. iShares Semiconductor ETF has a 52-week low of $232.33 and a 52-week high of $655.95. The stock has a market cap of $40.63 billion, a price-to-earnings ratio of 31.84 and a beta of 1.77. The business has a fifty day moving average of $559.39 and a two-hundred day moving average of $422.67.

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2827 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%.

iShares Semiconductor ETF 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.