Interchange Capital Partners LLC Purchases New Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Interchange Capital Partners LLC acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 973 shares of the exchange traded fund’s stock, valued at approximately $225,000.

A number of other hedge funds have also recently bought and sold shares of the company. Koshinski Asset Management Inc. boosted its holdings in iShares Semiconductor ETF by 109.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 11,113 shares of the exchange traded fund’s stock worth $2,511,000 after acquiring an additional 5,817 shares during the last quarter. Barings LLC purchased a new position in shares of iShares Semiconductor ETF in the 1st quarter worth about $9,070,000. Private Wealth Advisors LLC boosted its holdings in shares of iShares Semiconductor ETF by 194.8% in the 1st quarter. Private Wealth Advisors LLC now owns 2,190 shares of the exchange traded fund’s stock worth $495,000 after buying an additional 1,447 shares during the last quarter. Heritage Wealth Advisors boosted its holdings in shares of iShares Semiconductor ETF by 116.7% in the 1st quarter. Heritage Wealth Advisors now owns 234 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 126 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of iShares Semiconductor ETF by 265.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 26,579 shares of the exchange traded fund’s stock worth $6,005,000 after buying an additional 19,310 shares during the last quarter.

iShares Semiconductor ETF Trading Down 0.7 %

Shares of NASDAQ:SOXX traded down $1.78 during midday trading on Thursday, reaching $241.39. The company had a trading volume of 3,784,531 shares, compared to its average volume of 3,627,683. The company’s 50 day moving average price is $243.89 and its 200 day moving average price is $221.94. The stock has a market cap of $15.00 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52-week low of $144.40 and a 52-week high of $267.24.

iShares Semiconductor ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.3103 per share. This represents a $1.24 annualized dividend and a yield of 0.51%. The ex-dividend date was Tuesday, June 11th.

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).