Maxi Investments CY Ltd Invests $15.78 Million in iShares Semiconductor ETF $SOXX

Maxi Investments CY Ltd bought a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 52,400 shares of the exchange traded fund’s stock, valued at approximately $15,780,000. iShares Semiconductor ETF accounts for about 2.9% of Maxi Investments CY Ltd’s portfolio, making the stock its 6th largest position. Maxi Investments CY Ltd owned approximately 0.09% of iShares Semiconductor ETF as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SOXX. Bison Wealth LLC acquired a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at about $201,000. AQR Capital Management LLC grew its position 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 valued at $421,000 after acquiring an additional 1,021 shares during the period. Schnieders Capital Management LLC. grew its position 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 valued at $834,000 after acquiring an additional 1,770 shares during the period. Amundi acquired a new stake in shares of iShares Semiconductor ETF during the 2nd quarter valued at about $831,000. Finally, Cerity Partners LLC grew its position in shares of iShares Semiconductor ETF by 9.0% during the 2nd quarter. Cerity Partners LLC now owns 5,817 shares of the exchange traded fund’s stock valued at $1,389,000 after acquiring an additional 482 shares during the period.

iShares Semiconductor ETF Stock Down 2.9%

NASDAQ:SOXX opened at $492.36 on Friday. iShares Semiconductor ETF has a 52 week low of $190.47 and a 52 week high of $506.94. The stock’s 50-day moving average price is $375.43 and its 200-day moving average price is $337.48. The stock has a market capitalization of $31.90 billion, a PE ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a dividend of $0.2079 per share. This represents a $0.83 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 17th.

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.