iShares Semiconductor ETF (NASDAQ:SOXX) Hits New 52-Week High – Here’s What Happened
by Danessa Lincoln · The Markets DailyiShares Semiconductor ETF (NASDAQ:SOXX – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $622.00 and last traded at $622.00, with a volume of 304567 shares changing hands. The stock had previously closed at $596.25.
iShares Semiconductor ETF Stock Up 4.5%
The company has a fifty day simple moving average of $485.32 and a 200-day simple moving average of $384.34. The firm has a market cap of $40.37 billion, a P/E ratio of 31.84 and a beta of 1.80.
Institutional Trading of iShares Semiconductor ETF
Several hedge funds have recently bought and sold shares of SOXX. BOKF NA bought a new position in shares of iShares Semiconductor ETF in the fourth quarter worth about $30,000. Commonwealth Retirement Investments LLC bought a new position in iShares Semiconductor ETF during the fourth quarter valued at approximately $32,000. Wealth Watch Advisors INC boosted its stake in iShares Semiconductor ETF by 278.6% during the fourth quarter. Wealth Watch Advisors INC now owns 106 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 78 shares during the last quarter. Strategic Advocates LLC bought a new position in iShares Semiconductor ETF during the third quarter valued at approximately $35,000. Finally, Gould Capital LLC boosted its stake in iShares Semiconductor ETF by 39.2% during the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 31 shares during the last quarter.
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). 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.