iShares Semiconductor ETF (NASDAQ:SOXX) Hits New 52-Week High – Here’s What Happened

Shares of iShares Semiconductor ETF (NASDAQ:SOXXGet Free Report) reached a new 52-week high on Monday . The company traded as high as $622.00 and last traded at $622.00, with a volume of 304567 shares trading hands. The stock had previously closed at $596.25.

iShares Semiconductor ETF Stock Performance

The company has a market cap of $40.37 billion, a P/E ratio of 31.84 and a beta of 1.80. The stock has a 50-day moving average of $485.32 and a two-hundred day moving average of $384.34.

Hedge Funds Weigh In On iShares Semiconductor ETF

Several institutional investors and hedge funds have recently modified their holdings of SOXX. BOKF NA purchased a new stake in iShares Semiconductor ETF during the 4th quarter valued at $30,000. Commonwealth Retirement Investments LLC purchased a new position in iShares Semiconductor ETF in the fourth quarter worth about $32,000. Wealth Watch Advisors INC boosted its position in iShares Semiconductor ETF by 278.6% in the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 78 shares during the last quarter. Strategic Advocates LLC purchased a new position in iShares Semiconductor ETF in the third quarter worth about $35,000. Finally, Gould Capital LLC boosted its position in iShares Semiconductor ETF by 39.2% in the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 31 shares during the last quarter.

iShares Semiconductor ETF Company Profile

(Get Free Report)

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.

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