Stock Traders Buy High Volume of iShares Semiconductor ETF Put Options (NASDAQ:SOXX)

iShares Semiconductor ETF (NASDAQ:SOXX) saw unusually large options trading on Wednesday. Traders purchased 8,459 put options on the stock. This is an increase of 86% compared to the average volume of 4,553 put options.

Institutional Trading of iShares Semiconductor ETF

Large investors have recently bought and sold shares of the company. Compass Financial Services Inc bought a new stake in iShares Semiconductor ETF during the 4th quarter valued at approximately $25,000. Hopwood Financial Services Inc. bought a new stake in iShares Semiconductor ETF during the 4th quarter valued at approximately $30,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Semiconductor ETF during the third quarter valued at approximately $33,000. Truvestments Capital LLC purchased a new position in shares of iShares Semiconductor ETF during the third quarter valued at approximately $35,000. Finally, Hollencrest Capital Management lifted its holdings in shares of iShares Semiconductor ETF by 56.1% during the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 60 shares during the last quarter.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX opened at $217.94 on Thursday. The stock has a market capitalization of $13.49 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24. The business’s 50-day moving average is $221.60 and its 200 day moving average is $223.03.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed 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 of this dividend was Tuesday, December 17th.

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).