CTC Alternative Strategies Ltd. bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,600 shares of the exchange traded fund’s stock, valued at approximately $10,637,000. iShares Semiconductor ETF accounts for 15.7% of CTC Alternative Strategies Ltd.’s holdings, making the stock its largest position.
Several other hedge funds and other institutional investors have also bought and sold shares of SOXX. Bison Wealth LLC purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter valued at $201,000. AQR Capital Management LLC lifted its stake in shares of iShares Semiconductor ETF by 83.9% during the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after purchasing an additional 1,021 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of iShares Semiconductor ETF by 102.6% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,495 shares of the exchange traded fund’s stock worth $834,000 after purchasing an additional 1,770 shares during the last quarter. Amundi purchased a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth $831,000. Finally, Cerity Partners LLC boosted its position in iShares Semiconductor ETF by 9.0% during the second quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after purchasing an additional 482 shares in the last quarter.
iShares Semiconductor ETF Stock Performance
Shares of iShares Semiconductor ETF stock opened at $508.62 on Monday. The company has a market capitalization of $45.60 billion, a PE ratio of 31.84 and a beta of 1.80. The company has a 50-day simple moving average of $548.62 and a two-hundred day simple moving average of $475.36. iShares Semiconductor ETF has a one year low of $238.15 and a one year high of $655.95.
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 given a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is an increase 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.
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