CTC Alternative Strategies Ltd. Acquires Shares of 16,600 iShares Semiconductor ETF $SOXX

CTC Alternative Strategies Ltd. bought a new position in iShares Semiconductor ETF (NASDAQ:SOXX) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 16,600 shares of the exchange traded fund’s stock, valued at approximately $10,637,000. iShares Semiconductor ETF accounts for about 15.7% of CTC Alternative Strategies Ltd.’s investment portfolio, making the stock its largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BOKF NA purchased a new stake in iShares Semiconductor ETF in the 4th quarter valued at about $30,000. Commonwealth Retirement Investments LLC bought a new position in iShares Semiconductor ETF in the 4th quarter worth about $32,000. Wealth Watch Advisors INC increased its position in shares of iShares Semiconductor ETF by 278.6% during the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 78 shares during the period. Gould Capital LLC increased its position in shares of iShares Semiconductor ETF by 39.2% during the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 31 shares during the period. Finally, SHP Wealth Management bought a new stake in shares of iShares Semiconductor ETF during the fourth quarter valued at approximately $38,000.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $508.62 on Monday. iShares Semiconductor ETF has a 52-week low of $238.15 and a 52-week high of $655.95. The firm has a market capitalization of $45.60 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. The stock has a 50 day moving average price of $548.62 and a 200 day moving average price of $475.36.

Shares of iShares Semiconductor ETF are set to split on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be issued to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2827 dividend. The ex-dividend date was Monday, June 15th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. This represents a $1.13 annualized dividend and a dividend yield of 0.2%.

iShares Semiconductor ETF 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.