BNP Paribas Financial Markets Raises Position in iShares Semiconductor ETF $SOXX

BNP Paribas Financial Markets raised its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 220.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 968,262 shares of the exchange traded fund’s stock after purchasing an additional 665,867 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Semiconductor ETF were worth $182,198,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SOXX. D. E. Shaw & Co. Inc. purchased a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth approximately $95,496,000. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares Semiconductor ETF by 4,151.3% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 380,062 shares of the exchange traded fund’s stock worth $71,516,000 after buying an additional 371,122 shares during the last quarter. J. Goldman & Co LP purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter worth approximately $14,912,000. LMR Partners LLP boosted its stake in shares of iShares Semiconductor ETF by 30.0% in the 4th quarter. LMR Partners LLP now owns 260,000 shares of the exchange traded fund’s stock worth $56,027,000 after buying an additional 60,000 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares Semiconductor ETF by 7.3% in the 1st quarter. LPL Financial LLC now owns 843,995 shares of the exchange traded fund’s stock worth $158,815,000 after buying an additional 57,350 shares during the last quarter.

iShares Semiconductor ETF Stock Up 0.5%

Shares of NASDAQ SOXX opened at $252.55 on Friday. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $255.06. The stock’s 50 day moving average price is $243.38 and its 200-day moving average price is $214.87. The company has a market capitalization of $13.97 billion, a PE ratio of 31.84 and a beta of 1.34.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a $0.4833 dividend. This represents a $1.93 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, June 16th. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.31.

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).