SpiderRock Advisors LLC Raises Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

SpiderRock Advisors LLC raised its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 9.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,405 shares of the exchange traded fund’s stock after buying an additional 285 shares during the quarter. SpiderRock Advisors LLC’s holdings in iShares Semiconductor ETF were worth $785,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of iShares Semiconductor ETF by 100.0% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $226,000 after purchasing an additional 500 shares in the last quarter. GSA Capital Partners LLP increased its position in iShares Semiconductor ETF by 132.9% in the first quarter. GSA Capital Partners LLP now owns 2,352 shares of the exchange traded fund’s stock worth $531,000 after buying an additional 1,342 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares Semiconductor ETF by 164.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 4,449 shares of the exchange traded fund’s stock worth $1,005,000 after buying an additional 2,766 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of iShares Semiconductor ETF by 572.3% during the 1st quarter. Concurrent Investment Advisors LLC now owns 6,373 shares of the exchange traded fund’s stock valued at $1,440,000 after acquiring an additional 5,425 shares during the period. Finally, Choate Investment Advisors increased its holdings in iShares Semiconductor ETF by 200.0% in the 1st quarter. Choate Investment Advisors now owns 1,185 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 790 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $231.36 on Monday. The company has a market capitalization of $14.84 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $158.21 and a 1-year high of $267.24. The firm’s 50 day simple moving average is $225.59 and its two-hundred day simple moving average is $231.31.

iShares Semiconductor ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $0.5524 per share. The ex-dividend date was Wednesday, September 25th.

iShares Semiconductor ETF Company Profile

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).