Hsbc Holdings PLC Acquires Shares of 5,804 iShares Semiconductor ETF $SOXX

Hsbc Holdings PLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the 1st quarter, HoldingsChannel.com reports. The fund bought 5,804 shares of the exchange traded fund’s stock, valued at approximately $1,908,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. BOKF NA purchased a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at approximately $30,000. Commonwealth Retirement Investments LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth $32,000. Wealth Watch Advisors INC grew its stake in iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 78 shares during the period. SHP Wealth Management bought a new position in iShares Semiconductor ETF in the 4th quarter valued at $38,000. Finally, Optima Capital LLC bought a new position in iShares Semiconductor ETF in the 4th quarter valued at $41,000.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $527.01 on Monday. The firm has a market cap of $43.61 billion, a PE ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a 1 year low of $232.33 and a 1 year high of $655.95. The stock has a fifty day moving average price of $572.06 and a 200-day moving average price of $443.31.

iShares Semiconductor ETF Increases Dividend

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

iShares Semiconductor ETF 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.