Align Financial LLC Purchases New Shares in iShares Semiconductor ETF $SOXX

Align Financial LLC purchased a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 49,719 shares of the exchange traded fund’s stock, valued at approximately $14,973,000.

Several other hedge funds also recently made changes to their positions in SOXX. Goldman Sachs Group Inc. boosted its position in shares of iShares Semiconductor ETF by 47.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after purchasing an additional 941,363 shares in the last quarter. Oasis Management Co Ltd. boosted its position in shares of iShares Semiconductor ETF by 100.4% during the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock valued at $934,000 after purchasing an additional 804,400 shares in the last quarter. Morgan Stanley raised its stake in iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after buying an additional 547,109 shares during the last quarter. Bank of Nova Scotia raised its stake in iShares Semiconductor ETF by 5,159.3% during the fourth quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock valued at $136,005,000 after buying an additional 443,030 shares during the last quarter. Finally, Quadrature Capital Ltd raised its stake in iShares Semiconductor ETF by 6,111.9% during the third quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock valued at $71,772,000 after buying an additional 260,365 shares during the last quarter.

iShares Semiconductor ETF Trading Up 1.4%

Shares of NASDAQ:SOXX opened at $599.73 on Thursday. The stock has a fifty day simple moving average of $501.24 and a two-hundred day simple moving average of $391.06. The stock has a market capitalization of $38.86 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 12-month low of $221.86 and a 12-month high of $629.72.

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.2827 per share. The ex-dividend date is Monday, June 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%.

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). 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.