Fosun International Ltd Acquires Shares of 6,720 iShares Semiconductor ETF $SOXX

Fosun International Ltd purchased a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,720 shares of the exchange traded fund’s stock, valued at approximately $4,306,000. iShares Semiconductor ETF makes up about 1.0% of Fosun International Ltd’s holdings, making the stock its 11th largest position.

Several other large investors have also recently made changes to their positions in SOXX. Welch Financial Planning LLC purchased a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $494,000. Centerpoint Advisory Group acquired a new position in iShares Semiconductor ETF during the 1st quarter valued at approximately $474,000. Harmony Asset Management LLC acquired a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth about $978,000. Vise Technologies Inc. acquired a new stake in iShares Semiconductor ETF during the 4th quarter valued at approximately $1,350,000. Finally, PSI Advisors LLC lifted its stake in iShares Semiconductor ETF by 194.3% during the 4th quarter. PSI Advisors LLC now owns 6,355 shares of the exchange traded fund’s stock valued at $1,914,000 after acquiring an additional 4,196 shares during the period.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $508.62 on Monday. iShares Semiconductor ETF has a 1-year low of $238.15 and a 1-year high of $655.95. The firm has a market capitalization of $45.60 billion, a P/E ratio of 31.84 and a beta of 1.80. The company’s fifty day moving average price is $548.62 and its 200-day moving average price is $475.36.

Shares of iShares Semiconductor ETF are going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

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

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.