Moore Capital Management LP Acquires New Holdings in iShares Semiconductor ETF $SOXX

Moore Capital Management LP bought a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 21,275 shares of the exchange traded fund’s stock, valued at approximately $13,632,000.

Several other hedge funds have also modified their holdings of the company. BOKF NA bought a new position in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $30,000. Commonwealth Retirement Investments LLC purchased a new stake in iShares Semiconductor ETF in the fourth quarter valued at about $32,000. Wealth Watch Advisors INC boosted its holdings in iShares Semiconductor ETF by 278.6% in the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 78 shares in the last quarter. Gould Capital LLC increased its holdings in shares of iShares Semiconductor ETF by 39.2% during the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 31 shares in the last quarter. Finally, SHP Wealth Management acquired a new stake in iShares Semiconductor ETF in the 4th quarter worth approximately $38,000.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $508.62 on Monday. iShares Semiconductor ETF has a 12-month low of $238.15 and a 12-month high of $655.95. The firm has a market capitalization of $45.60 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The firm’s 50 day simple moving average is $548.62 and its two-hundred day simple moving average is $475.36.

Shares of iShares Semiconductor ETF are scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2827 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, June 15th.

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.