Alaska Permanent Capital Management LLC Invests $16.94 Million in iShares Semiconductor ETF $SOXX

Alaska Permanent Capital Management LLC bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 62,472 shares of the exchange traded fund’s stock, valued at approximately $16,944,000. iShares Semiconductor ETF makes up about 1.2% of Alaska Permanent Capital Management LLC’s investment portfolio, making the stock its 16th largest holding. Alaska Permanent Capital Management LLC owned 0.12% of iShares Semiconductor ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth about $25,000. GFG Capital LLC acquired a new position in iShares Semiconductor ETF in the second quarter valued at approximately $32,000. Johnson Financial Group Inc. purchased a new position in iShares Semiconductor ETF in the second quarter valued at approximately $32,000. Financial Consulate Inc. acquired a new stake in iShares Semiconductor ETF during the third quarter worth approximately $34,000. Finally, Crews Bank & Trust lifted its position in shares of iShares Semiconductor ETF by 1,666.7% during the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 150 shares during the last quarter.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $344.71 on Monday. The firm’s fifty day moving average price is $308.93 and its 200 day moving average price is $280.69. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $354.60. The company has a market capitalization of $20.39 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.4363 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.75 annualized dividend and a dividend yield of 0.5%.

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). 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.