iShares Semiconductor ETF (NASDAQ:SOXX) Short Interest Update

iShares Semiconductor ETF (NASDAQ:SOXX) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 5,200,000 shares, a drop of 15.7% from the March 31st total of 6,170,000 shares. Based on an average daily trading volume, of 4,166,500 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of iShares Semiconductor ETF

Institutional investors have recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in iShares Semiconductor ETF in the 3rd quarter valued at approximately $26,000. Financial Synergies Wealth Advisors Inc. grew its stake in shares of iShares Semiconductor ETF by 200.0% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 114 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 76 shares in the last quarter. Signaturefd LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $29,000. Sheets Smith Wealth Management acquired a new stake in shares of iShares Semiconductor ETF in the third quarter valued at approximately $31,000. Finally, Macroview Investment Management LLC lifted its position in shares of iShares Semiconductor ETF by 307.7% in the fourth quarter. Macroview Investment Management LLC now owns 53 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 40 shares in the last quarter.

iShares Semiconductor ETF Stock Up 2.1 %

Shares of NASDAQ:SOXX opened at $216.90 on Friday. The firm has a market cap of $12.44 billion, a price-to-earnings ratio of 9.84 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $131.53 and a 12 month high of $240.01. The company’s fifty day simple moving average is $218.99 and its 200 day simple moving average is $193.29.

iShares Semiconductor ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.2249 dividend. This represents a $0.90 annualized dividend and a dividend yield of 0.41%. The ex-dividend date was Thursday, March 21st.

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).