Traders Purchase Large Volume of Put Options on iShares Semiconductor ETF (NASDAQ:SOXX)

iShares Semiconductor ETF (NASDAQ:SOXX) was the recipient of some unusual options trading on Friday. Traders purchased 5,559 put options on the company. This is an increase of approximately 48% compared to the typical daily volume of 3,750 put options.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $198.39 on Friday. iShares Semiconductor ETF has a 1 year low of $131.53 and a 1 year high of $240.01. The stock’s 50 day moving average price is $219.16 and its 200 day moving average price is $191.01. The firm has a market cap of $11.48 billion, a P/E ratio of 9.84 and a beta of 1.79.

iShares Semiconductor ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.2249 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 annualized dividend and a yield of 0.45%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Signaturefd LLC acquired a new position in iShares Semiconductor ETF in the 4th quarter valued at $29,000. Macroview Investment Management LLC raised its holdings in iShares Semiconductor ETF by 307.7% in the 4th quarter. Macroview Investment Management LLC now owns 53 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 40 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new position in iShares Semiconductor ETF in the 3rd quarter valued at $26,000. Impact Partnership Wealth LLC increased its holdings in shares of iShares Semiconductor ETF by 833.3% during the 3rd quarter. Impact Partnership Wealth LLC now owns 56 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 50 shares during the last quarter. Finally, Tortoise Investment Management LLC acquired a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth $36,000.

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).