Taikang Asset Management Hong Kong Co Ltd Makes New $584,000 Investment in iShares Semiconductor ETF $SOXX

Taikang Asset Management Hong Kong Co Ltd purchased a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the fourth quarter, HoldingsChannel reports. The fund purchased 1,940 shares of the exchange traded fund’s stock, valued at approximately $584,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Greenberg Financial Group bought a new stake in iShares Semiconductor ETF during the fourth quarter worth $843,000. Sava Penzisko Drushtvo A.D. Skopje bought a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at $12,275,000. Moulton Wealth Management Inc. acquired a new position in shares of iShares Semiconductor ETF during the 4th quarter worth $5,773,000. Optiver Holding B.V. raised its holdings in shares of iShares Semiconductor ETF by 2,968.6% during the 3rd quarter. Optiver Holding B.V. now owns 20,222 shares of the exchange traded fund’s stock worth $5,483,000 after buying an additional 19,563 shares in the last quarter. Finally, Madrid Wealth Management LLC bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth $493,000.

iShares Semiconductor ETF Stock Down 5.9%

NASDAQ:SOXX opened at $591.24 on Wednesday. The stock’s 50-day simple moving average is $496.13 and its 200 day simple moving average is $388.88. iShares Semiconductor ETF has a twelve month low of $221.86 and a twelve month high of $629.72. The firm has a market capitalization of $38.31 billion, a PE ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be given a $0.2827 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, June 15th.

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). 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.