iShares Semiconductor ETF (NASDAQ:SOXX) Short Interest Update

iShares Semiconductor ETF (NASDAQ:SOXX) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 7,840,000 shares, a decrease of 12.6% from the December 31st total of 8,970,000 shares. Based on an average daily trading volume, of 2,930,300 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Trading of iShares Semiconductor ETF

A number of hedge funds have recently modified their holdings of the stock. Compass Financial Services Inc bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $25,000. Global Trust Asset Management LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $27,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at $33,000. Truvestments Capital LLC acquired a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth $35,000. Finally, Hollencrest Capital Management increased its position in shares of iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 60 shares during the period.

iShares Semiconductor ETF Trading Down 0.3 %

Shares of SOXX stock opened at $218.13 on Friday. The firm’s fifty day moving average price is $220.74 and its two-hundred day moving average price is $223.67. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24. The firm has a market capitalization of $13.72 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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

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).