Cwm LLC Buys 2,959 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Cwm LLC boosted its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 471.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,587 shares of the exchange traded fund’s stock after purchasing an additional 2,959 shares during the quarter. Cwm LLC’s holdings in iShares Semiconductor ETF were worth $810,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Gerber LLC bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $403,000. Twin Focus Capital Partners LLC boosted its position in shares of iShares Semiconductor ETF by 107.6% in the fourth quarter. Twin Focus Capital Partners LLC now owns 2,885 shares of the exchange traded fund’s stock valued at $1,662,000 after acquiring an additional 1,495 shares during the period. Gray Foundation bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $10,812,000. Annex Advisory Services LLC bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $466,000. Finally, Parallel Advisors LLC boosted its position in shares of iShares Semiconductor ETF by 712.5% in the fourth quarter. Parallel Advisors LLC now owns 65 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 57 shares during the period.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $252.24 on Friday. The firm has a 50-day moving average of $228.59 and a 200-day moving average of $212.63. The stock has a market cap of $14.59 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52-week low of $144.40 and a 52-week high of $260.65.

iShares Semiconductor ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a $0.3103 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.49%.

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).