iShares Semiconductor ETF (NASDAQ:SOXX) Reaches New 1-Year High – What’s Next?

Shares of iShares Semiconductor ETF (NASDAQ:SOXX) hit a new 52-week high during trading on Thursday . The stock traded as high as $364.52 and last traded at $363.8570, with a volume of 49674 shares traded. The stock had previously closed at $360.20.

iShares Semiconductor ETF Trading Up 0.9%

The stock’s 50-day moving average is $326.72 and its 200-day moving average is $291.08. The company has a market cap of $21.49 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.4363 per share. The ex-dividend date was Tuesday, December 16th. This represents a $1.75 annualized dividend and a dividend yield of 0.5%.

Institutional Trading of iShares Semiconductor ETF

Several large investors have recently made changes to their positions in SOXX. Barnes Dennig Private Wealth Management LLC acquired a new position in iShares Semiconductor ETF during the 3rd quarter worth approximately $25,000. BOKF NA bought a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at approximately $30,000. Johnson Financial Group Inc. acquired a new position in shares of iShares Semiconductor ETF during the second quarter worth approximately $32,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter worth approximately $32,000. Finally, Financial Consulate Inc. bought a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth $34,000.

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). 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.