Fosun International Ltd Takes $4.31 Million Position in iShares Semiconductor ETF $SOXX

Fosun International Ltd bought a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,720 shares of the exchange traded fund’s stock, valued at approximately $4,306,000. iShares Semiconductor ETF accounts for about 1.0% of Fosun International Ltd’s investment portfolio, making the stock its 11th biggest position.

Several other institutional investors have also bought and sold shares of the stock. BOKF NA bought a new position in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $30,000. Commonwealth Retirement Investments LLC bought a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $32,000. Wealth Watch Advisors INC boosted its holdings in iShares Semiconductor ETF by 278.6% in the 4th quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 78 shares during the period. Gould Capital LLC grew its stake in iShares Semiconductor ETF by 39.2% in the 1st quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 31 shares in the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth $38,000.

iShares Semiconductor ETF Stock Performance

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 business’s fifty day moving average is $548.62 and its 200 day moving average is $475.36. The firm has a market cap of $45.60 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF’s stock is scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

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

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). 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.