iShares Semiconductor ETF (NASDAQ:SOXX) Reaches New 1-Year High at $240.92

iShares Semiconductor ETF (NASDAQ:SOXX)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $240.92 and last traded at $237.59, with a volume of 1164106 shares trading hands. The stock had previously closed at $235.24.

iShares Semiconductor ETF Stock Up 1.0 %

The business’s fifty day moving average price is $219.83 and its 200 day moving average price is $201.84. The firm has a market capitalization of $13.75 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.2249 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.38%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its position in shares of iShares Semiconductor ETF by 354.2% in the first quarter. BNP Paribas Financial Markets now owns 1,427,465 shares of the exchange traded fund’s stock valued at $322,493,000 after purchasing an additional 1,113,176 shares during the last quarter. International Assets Investment Management LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter worth approximately $419,921,000. Morgan Stanley raised its stake in iShares Semiconductor ETF by 1.9% during the third quarter. Morgan Stanley now owns 571,506 shares of the exchange traded fund’s stock worth $270,695,000 after purchasing an additional 10,601 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Semiconductor ETF by 7.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 542,796 shares of the exchange traded fund’s stock worth $257,095,000 after buying an additional 39,053 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new position in shares of iShares Semiconductor ETF in the 1st quarter worth approximately $107,385,000.

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).