Squarepoint Ops LLC Has $26.66 Million Stake in iShares Semiconductor ETF $SOXX

Squarepoint Ops LLC increased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2,421.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,610 shares of the exchange traded fund’s stock after acquiring an additional 39,960 shares during the quarter. Squarepoint Ops LLC’s holdings in iShares Semiconductor ETF were worth $26,662,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. BOKF NA acquired a new position in shares of iShares Semiconductor ETF in the 4th quarter valued at $30,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth $32,000. Wealth Watch Advisors INC increased its holdings in iShares Semiconductor ETF by 278.6% in the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 78 shares during the last quarter. Gould Capital LLC increased its holdings in iShares Semiconductor ETF by 39.2% in the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 31 shares during the last quarter. Finally, SHP Wealth Management bought a new stake in iShares Semiconductor ETF in the fourth quarter valued at about $38,000.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $528.40 on Wednesday. The firm’s 50 day simple moving average is $533.68 and its 200 day simple moving average is $483.09. iShares Semiconductor ETF has a fifty-two week low of $247.23 and a fifty-two week high of $655.95. The company has a market capitalization of $47.37 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are scheduled to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2827 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 annualized dividend and a dividend yield of 0.2%. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

About iShares Semiconductor ETF

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.