Summit X LLC Boosts Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Summit X LLC raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 13.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,808 shares of the exchange traded fund’s stock after buying an additional 334 shares during the quarter. Summit X LLC’s holdings in iShares Semiconductor ETF were worth $605,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in iShares Semiconductor ETF by 2.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock valued at $286,979,000 after buying an additional 24,055 shares in the last quarter. D.A. Davidson & CO. grew its holdings in iShares Semiconductor ETF by 15.3% during the 3rd quarter. D.A. Davidson & CO. now owns 4,618 shares of the exchange traded fund’s stock valued at $1,065,000 after buying an additional 613 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in iShares Semiconductor ETF by 47.3% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock valued at $682,546,000 after buying an additional 950,000 shares in the last quarter. Quantbot Technologies LP grew its holdings in iShares Semiconductor ETF by 74.5% during the 3rd quarter. Quantbot Technologies LP now owns 1,806 shares of the exchange traded fund’s stock valued at $416,000 after buying an additional 771 shares in the last quarter. Finally, RB Capital Management LLC grew its holdings in iShares Semiconductor ETF by 11.4% during the 3rd quarter. RB Capital Management LLC now owns 1,976 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 203 shares in the last quarter.

iShares Semiconductor ETF Trading Down 1.2 %

Shares of SOXX opened at $192.12 on Wednesday. The company has a market cap of $11.89 billion, a PE ratio of 30.63 and a beta of 1.34. The stock has a 50-day moving average price of $218.43 and a 200-day moving average price of $221.26. iShares Semiconductor ETF has a 12-month low of $189.11 and a 12-month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

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).