Greenland Capital Management LP Purchases New Stake in iShares Semiconductor ETF $SOXX

Greenland Capital Management LP bought a new position in iShares Semiconductor ETF (NASDAQ:SOXX) in the 2nd quarter, Holdings Channel.com reports. The fund bought 1,440 shares of the exchange traded fund’s stock, valued at approximately $344,000.

Other institutional investors have also modified their holdings of the company. Banque Cantonale Vaudoise acquired a new position in shares of iShares Semiconductor ETF in the 1st quarter worth approximately $2,363,000. Apollon Wealth Management LLC lifted its stake in iShares Semiconductor ETF by 1.1% during the second quarter. Apollon Wealth Management LLC now owns 10,944 shares of the exchange traded fund’s stock worth $2,612,000 after purchasing an additional 120 shares during the last quarter. Grandview Asset Management LLC acquired a new position in iShares Semiconductor ETF in the second quarter worth $1,070,000. RoundAngle Advisors LLC increased its stake in iShares Semiconductor ETF by 3.4% during the second quarter. RoundAngle Advisors LLC now owns 4,329 shares of the exchange traded fund’s stock valued at $1,033,000 after purchasing an additional 144 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of iShares Semiconductor ETF during the second quarter worth $107,000.

iShares Semiconductor ETF Trading Up 1.7%

Shares of NASDAQ SOXX opened at $281.61 on Thursday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $312.79. The company has a market cap of $15.05 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. The stock’s 50 day simple moving average is $283.99 and its 200 day simple moving average is $250.17.

iShares Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.5407 per share. This represents a $2.16 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, September 16th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48.

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).