Polymer Capital Management HK LTD Purchases 22,546 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Polymer Capital Management HK LTD grew its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 524.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,846 shares of the exchange traded fund’s stock after purchasing an additional 22,546 shares during the quarter. iShares Semiconductor ETF makes up approximately 1.0% of Polymer Capital Management HK LTD’s holdings, making the stock its 24th biggest holding. Polymer Capital Management HK LTD’s holdings in iShares Semiconductor ETF were worth $5,785,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. FMR LLC lifted its holdings in iShares Semiconductor ETF by 15.6% in the third quarter. FMR LLC now owns 11,914 shares of the exchange traded fund’s stock valued at $2,747,000 after buying an additional 1,605 shares during the period. Morse Asset Management Inc bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $42,000. Kovitz Investment Group Partners LLC raised its position in shares of iShares Semiconductor ETF by 10.5% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 3,118 shares of the exchange traded fund’s stock valued at $719,000 after acquiring an additional 297 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of iShares Semiconductor ETF by 19.8% in the 3rd quarter. Insigneo Advisory Services LLC now owns 3,277 shares of the exchange traded fund’s stock valued at $756,000 after purchasing an additional 541 shares during the period. Finally, National Bank of Canada FI boosted its position in shares of iShares Semiconductor ETF by 4.4% in the 3rd quarter. National Bank of Canada FI now owns 13,515 shares of the exchange traded fund’s stock worth $3,116,000 after purchasing an additional 572 shares during the last quarter.

iShares Semiconductor ETF Stock Down 7.5 %

Shares of iShares Semiconductor ETF stock opened at $157.63 on Friday. iShares Semiconductor ETF has a 12 month low of $154.61 and a 12 month high of $267.24. The business has a fifty day simple moving average of $207.14 and a 200 day simple moving average of $217.98. The stock has a market cap of $9.07 billion, a PE ratio of 22.52 and a beta of 1.40.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a $0.2611 dividend. The ex-dividend date was Tuesday, March 18th.

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).