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 Wednesday. Stock traders bought 8,459 put options on the stock. This is an increase of 86% compared to the average daily volume of 4,553 put options.

iShares Semiconductor ETF Stock Up 2.4 %

SOXX traded up $5.07 during trading on Wednesday, hitting $219.28. 856,221 shares of the stock were exchanged, compared to its average volume of 3,459,065. iShares Semiconductor ETF has a 1-year low of $192.87 and a 1-year high of $267.24. The firm has a market capitalization of $13.57 billion, a P/E ratio of 10.60 and a beta of 1.34. The stock has a fifty day moving average price of $221.60 and a two-hundred day moving average price of $223.03.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3578 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Semiconductor ETF

Several institutional investors have recently added to or reduced their stakes in SOXX. Compass Financial Services Inc acquired a new stake in iShares Semiconductor ETF during the 4th quarter valued at $25,000. Hopwood Financial Services Inc. acquired a new position in iShares Semiconductor ETF during the 4th quarter worth $30,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Semiconductor ETF in the third quarter valued at approximately $33,000. Truvestments Capital LLC bought a new position in shares of iShares Semiconductor ETF in the third quarter valued at $35,000. Finally, Hollencrest Capital Management grew its position in iShares Semiconductor ETF by 56.1% during the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 60 shares in the last quarter.

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).