iShares Semiconductor ETF Sees Unusually High Options Volume (NASDAQ:SOXX)

iShares Semiconductor ETF (NASDAQ:SOXX) was the target of some unusual options trading on Wednesday. Stock investors acquired 8,459 put options on the company. This is an increase of 86% compared to the average volume of 4,553 put options.

iShares Semiconductor ETF Trading Up 2.4 %

iShares Semiconductor ETF stock traded up $5.07 during trading hours on Wednesday, reaching $219.28. 856,221 shares of the company were exchanged, compared to its average volume of 3,459,065. The stock has a 50-day moving average of $221.60 and a 200 day moving average of $223.03. The firm has a market cap of $13.57 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $192.87 and a 12 month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Semiconductor ETF

Institutional investors have recently modified their holdings of the business. Compass Financial Services Inc acquired a new stake in iShares Semiconductor ETF during the 4th quarter valued at approximately $25,000. Hopwood Financial Services Inc. purchased a new position in shares of iShares Semiconductor ETF in the 4th quarter worth approximately $30,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $33,000. Truvestments Capital LLC bought a new stake in iShares Semiconductor ETF in the 3rd quarter valued at about $35,000. Finally, Hollencrest Capital Management boosted its holdings 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 acquiring an additional 60 shares during the period.

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).