SPC Financial Inc. Purchases 77,372 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

SPC Financial Inc. increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 196.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,740 shares of the exchange traded fund’s stock after acquiring an additional 77,372 shares during the period. iShares Semiconductor ETF makes up about 2.5% of SPC Financial Inc.’s investment portfolio, making the stock its 8th largest position. SPC Financial Inc. owned approximately 0.20% of iShares Semiconductor ETF worth $26,374,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Gerber LLC purchased a new position in iShares Semiconductor ETF in the 4th quarter worth about $403,000. Twin Focus Capital Partners LLC increased its stake in iShares Semiconductor ETF by 107.6% in the 4th quarter. Twin Focus Capital Partners LLC now owns 2,885 shares of the exchange traded fund’s stock worth $1,662,000 after purchasing an additional 1,495 shares in the last quarter. Astoria Portfolio Advisors LLC. purchased a new position in iShares Semiconductor ETF in the 1st quarter worth about $227,000. Brookstone Capital Management increased its stake in iShares Semiconductor ETF by 272.4% in the 1st quarter. Brookstone Capital Management now owns 8,229 shares of the exchange traded fund’s stock worth $1,859,000 after purchasing an additional 6,019 shares in the last quarter. Finally, Independence Bank of Kentucky increased its stake in iShares Semiconductor ETF by 190.9% in the 1st quarter. Independence Bank of Kentucky now owns 2,662 shares of the exchange traded fund’s stock worth $601,000 after purchasing an additional 1,747 shares in the last quarter.

iShares Semiconductor ETF Trading Down 3.3 %

NASDAQ:SOXX traded down $8.73 on Thursday, hitting $256.76. 4,689,899 shares of the company’s stock traded hands, compared to its average volume of 3,601,316. iShares Semiconductor ETF has a 1 year low of $144.40 and a 1 year high of $267.24. The firm has a 50-day moving average price of $239.98 and a 200-day moving average price of $219.71. The company has a market cap of $15.71 billion, a PE ratio of 10.60 and a beta of 1.34.

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 paid a dividend of $0.3103 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.24 annualized dividend and a yield of 0.48%.

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).