The Manufacturers Life Insurance Company Sells 3,598 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

The Manufacturers Life Insurance Company lessened its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 55.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,881 shares of the exchange traded fund’s stock after selling 3,598 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares Semiconductor ETF were worth $664,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SOXX. Global Trust Asset Management LLC bought a new position in iShares Semiconductor ETF in the third quarter worth $27,000. Transcendent Capital Group LLC bought a new position in iShares Semiconductor ETF in the second quarter worth $31,000. EverSource Wealth Advisors LLC raised its holdings in iShares Semiconductor ETF by 84.0% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 63 shares in the last quarter. Truvestments Capital LLC bought a new position in iShares Semiconductor ETF in the third quarter worth $35,000. Finally, Cultivar Capital Inc. bought a new position in iShares Semiconductor ETF in the second quarter worth $37,000.

iShares Semiconductor ETF Trading Up 2.8 %

SOXX opened at $223.30 on Friday. The stock has a fifty day simple moving average of $223.26 and a two-hundred day simple moving average of $230.17. The company has a market cap of $14.32 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12-month low of $177.88 and a 12-month high of $267.24.

iShares Semiconductor ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $0.5524 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

iShares Semiconductor ETF 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).