Gold Investment Management Ltd. Increases Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Gold Investment Management Ltd. raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXXFree Report) by 202.1% during the first quarter, HoldingsChannel reports. The fund owned 11,776 shares of the exchange traded fund’s stock after acquiring an additional 7,878 shares during the quarter. Gold Investment Management Ltd.’s holdings in iShares Semiconductor ETF were worth $2,660,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SOXX. Signaturefd LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth $29,000. Macroview Investment Management LLC raised its position in shares of iShares Semiconductor ETF by 307.7% in the 4th quarter. Macroview Investment Management LLC now owns 53 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 40 shares during the period. Tortoise Investment Management LLC bought a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $36,000. GAMMA Investing LLC bought a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $36,000. Finally, Parallel Advisors LLC grew its stake in shares of iShares Semiconductor ETF by 712.5% during the 4th quarter. Parallel Advisors LLC now owns 65 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 57 shares in the last quarter.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock traded up $6.02 during mid-day trading on Wednesday, hitting $265.49. 3,073,665 shares of the company’s stock traded hands, compared to its average volume of 3,592,993. iShares Semiconductor ETF has a fifty-two week low of $144.40 and a fifty-two week high of $266.00. The stock has a market cap of $16.25 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. The firm has a 50 day simple moving average of $239.98 and a two-hundred day simple moving average of $219.71.

iShares Semiconductor ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a $0.3103 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date was Tuesday, June 11th.

About iShares Semiconductor ETF

(Free Report)

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).

Featured Articles

Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Semiconductor ETF (NASDAQ:SOXXFree Report).

Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

Receive News & Ratings for iShares Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.