GAMMA Investing LLC Raises Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

GAMMA Investing LLC boosted its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 18,717.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,000 shares of the exchange traded fund’s stock after acquiring an additional 34,814 shares during the period. GAMMA Investing LLC owned 0.06% of iShares Semiconductor ETF worth $6,586,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in iShares Semiconductor ETF in the fourth quarter worth about $289,403,000. D. E. Shaw & Co. Inc. purchased a new position in iShares Semiconductor ETF in the fourth quarter worth about $95,496,000. Raymond James Financial Inc. purchased a new position in iShares Semiconductor ETF in the fourth quarter worth about $69,622,000. Bank of Nova Scotia raised its holdings in iShares Semiconductor ETF by 64.5% in the fourth quarter. Bank of Nova Scotia now owns 264,372 shares of the exchange traded fund’s stock worth $56,970,000 after buying an additional 103,622 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of iShares Semiconductor ETF by 32.0% during the fourth quarter. BNP Paribas Financial Markets now owns 302,395 shares of the exchange traded fund’s stock valued at $65,163,000 after purchasing an additional 73,318 shares during the last quarter.

iShares Semiconductor ETF Stock Up 2.4%

SOXX opened at $222.46 on Tuesday. The firm has a 50 day moving average price of $190.62 and a 200-day moving average price of $206.50. iShares Semiconductor ETF has a twelve month low of $148.31 and a twelve month high of $267.24. The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of 29.38 and a beta of 1.44.

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 dividend of $0.2611 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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).