iShares Semiconductor ETF (NASDAQ:SOXX) Hits New 12-Month Low – Here’s What Happened

iShares Semiconductor ETF (NASDAQ:SOXX)’s stock price reached a new 52-week low on Monday . The stock traded as low as $191.56 and last traded at $195.30, with a volume of 3232009 shares changing hands. The stock had previously closed at $203.85.

iShares Semiconductor ETF Trading Up 2.1 %

The company’s 50-day moving average price is $218.43 and its two-hundred day moving average price is $221.26. The company has a market cap of $12.14 billion, a P/E ratio of 30.63 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Semiconductor ETF

Hedge funds have recently modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of iShares Semiconductor ETF by 47.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock valued at $682,546,000 after purchasing an additional 950,000 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth about $289,403,000. JPMorgan Chase & Co. lifted its stake in iShares Semiconductor ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock valued at $286,979,000 after buying an additional 24,055 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Semiconductor ETF by 2.8% in the fourth quarter. LPL Financial LLC now owns 786,645 shares of the exchange traded fund’s stock worth $169,514,000 after buying an additional 21,341 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of iShares Semiconductor ETF by 9.7% in the fourth quarter. Royal Bank of Canada now owns 445,806 shares of the exchange traded fund’s stock worth $96,068,000 after buying an additional 39,604 shares during the period.

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).