iShares Semiconductor ETF (NASDAQ:SOXX) Short Interest Up 30.7% in March

iShares Semiconductor ETF (NASDAQ:SOXXGet Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,430,000 shares, a growth of 30.7% from the February 29th total of 3,390,000 shares. Based on an average daily volume of 4,110,300 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On iShares Semiconductor ETF

Several large investors have recently made changes to their positions in SOXX. International Assets Investment Management LLC bought a new position in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $419,921,000. Morgan Stanley boosted its stake in shares of iShares Semiconductor ETF by 16.6% in the fourth quarter. Morgan Stanley now owns 701,831 shares of the exchange traded fund’s stock valued at $244,223,000 after buying an additional 100,052 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares Semiconductor ETF by 7.8% during the third quarter. JPMorgan Chase & Co. now owns 542,796 shares of the exchange traded fund’s stock worth $257,095,000 after purchasing an additional 39,053 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares Semiconductor ETF by 15,330.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 469,705 shares of the exchange traded fund’s stock worth $270,597,000 after buying an additional 466,661 shares in the last quarter. Finally, UBS Group AG grew its holdings in iShares Semiconductor ETF by 6.1% during the 3rd quarter. UBS Group AG now owns 398,410 shares of the exchange traded fund’s stock worth $188,707,000 after acquiring an additional 22,884 shares during the period.

iShares Semiconductor ETF Stock Up 0.1 %

Shares of iShares Semiconductor ETF stock opened at $225.92 on Monday. iShares Semiconductor ETF has a 12-month low of $131.53 and a 12-month high of $240.01. The firm has a market capitalization of $12.88 billion, a PE ratio of 17.05 and a beta of 1.34. The stock’s fifty day moving average is $213.81 and its 200-day moving average is $185.34.

iShares Semiconductor ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.2249 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a yield of 0.40%.

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).

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