Polymer Capital Management HK LTD Buys 1,296 Shares of iShares Semiconductor ETF $SOXX

Polymer Capital Management HK LTD increased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 12.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,056 shares of the exchange traded fund’s stock after buying an additional 1,296 shares during the period. Polymer Capital Management HK LTD’s holdings in iShares Semiconductor ETF were worth $3,631,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its holdings in iShares Semiconductor ETF by 47.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after purchasing an additional 941,363 shares during the period. Bank of America Corp DE grew its holdings in iShares Semiconductor ETF by 7.2% in the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after purchasing an additional 159,203 shares during the period. LPL Financial LLC grew its holdings in iShares Semiconductor ETF by 1.7% in the fourth quarter. LPL Financial LLC now owns 1,041,783 shares of the exchange traded fund’s stock worth $313,733,000 after purchasing an additional 17,038 shares during the period. Wells Fargo & Company MN grew its holdings in iShares Semiconductor ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 963,663 shares of the exchange traded fund’s stock worth $290,207,000 after purchasing an additional 121,561 shares during the period. Finally, Foundations Investment Advisors LLC grew its holdings in iShares Semiconductor ETF by 22.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 406,107 shares of the exchange traded fund’s stock worth $122,299,000 after purchasing an additional 75,257 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $596.25 on Friday. The stock has a market cap of $38.64 billion, a PE ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a fifty-two week low of $220.30 and a fifty-two week high of $618.84. The firm’s 50-day simple moving average is $485.32 and its two-hundred day simple moving average is $383.63.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $0.2079 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, March 17th.

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.