iShares Semiconductor ETF Target of Unusually Large Options Trading (NASDAQ:SOXX)

iShares Semiconductor ETF (NASDAQ:SOXX) was the recipient of unusually large options trading on Thursday. Stock traders purchased 67,222 put options on the stock. This represents an increase of 37% compared to the typical volume of 48,960 put options.

Institutional Investors Weigh In On iShares Semiconductor ETF

Institutional investors have recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB increased its holdings in iShares Semiconductor ETF by 245.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 49 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new stake in iShares Semiconductor ETF in the second quarter valued at $51,000. Elevation Wealth Partners LLC lifted its stake in iShares Semiconductor ETF by 203.6% in the second quarter. Elevation Wealth Partners LLC now owns 85 shares of the exchange traded fund’s stock valued at $55,000 after acquiring an additional 57 shares during the last quarter. BOKF NA bought a new position in shares of iShares Semiconductor ETF in the 4th quarter valued at about $30,000. Finally, Commonwealth Retirement Investments LLC bought a new position in shares of iShares Semiconductor ETF in the 4th quarter valued at about $32,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $504.89 on Friday. The company has a market capitalization of $41.73 billion, a P/E ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a one year low of $232.33 and a one year high of $655.95. The business’s 50 day simple moving average is $570.20 and its 200-day simple moving average is $448.47.

iShares Semiconductor ETF Increases Dividend

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

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.