Taikang Asset Management Hong Kong Co Ltd Takes $584,000 Position in iShares Semiconductor ETF $SOXX

Taikang Asset Management Hong Kong Co Ltd bought a new position in iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,940 shares of the exchange traded fund’s stock, valued at approximately $584,000.

A number of other hedge funds also recently modified their holdings of the business. BOKF NA acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth approximately $30,000. Commonwealth Retirement Investments LLC bought a new stake in iShares Semiconductor ETF during the fourth quarter worth about $32,000. Strategic Advocates LLC acquired a new stake in shares of iShares Semiconductor ETF in the 3rd quarter valued at approximately $35,000. Optima Capital LLC acquired a new position in iShares Semiconductor ETF during the fourth quarter worth $41,000. Finally, Rossby Financial LCC acquired a new position in iShares Semiconductor ETF during the fourth quarter worth $42,000.

iShares Semiconductor ETF Trading Down 5.9%

NASDAQ SOXX opened at $591.24 on Wednesday. The firm has a market capitalization of $38.31 billion, a P/E ratio of 31.84 and a beta of 1.80. The firm’s fifty day moving average price is $496.13 and its two-hundred day moving average price is $388.88. iShares Semiconductor ETF has a 1 year low of $221.86 and a 1 year high of $629.72.

iShares Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be given a dividend of $0.2827 per share. This represents a $1.13 dividend on an annualized basis and a yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 15th.

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.