Tower Research Capital LLC TRC Makes New Investment in iShares Semiconductor ETF (NASDAQ:SOXX)

Tower Research Capital LLC TRC purchased a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXXFree Report) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 16,074 shares of the exchange traded fund’s stock, valued at approximately $3,464,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Compass Financial Services Inc bought a new stake in iShares Semiconductor ETF during the fourth quarter worth about $25,000. Hopwood Financial Services Inc. bought a new stake in iShares Semiconductor ETF in the 4th quarter worth approximately $30,000. Transce3nd LLC purchased a new stake in iShares Semiconductor ETF in the fourth quarter worth approximately $38,000. Morse Asset Management Inc bought a new position in iShares Semiconductor ETF during the third quarter valued at approximately $42,000. Finally, AlphaMark Advisors LLC purchased a new position in shares of iShares Semiconductor ETF during the fourth quarter worth approximately $42,000.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $163.64 on Tuesday. The stock has a market capitalization of $9.76 billion, a price-to-earnings ratio of 22.52 and a beta of 1.34. The company has a fifty day moving average of $194.45 and a 200-day moving average of $212.61. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a $0.2611 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

About iShares Semiconductor ETF

(Free Report)

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).

See Also

Want to see what other hedge funds are holding SOXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Semiconductor ETF (NASDAQ:SOXXFree Report).

Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

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