Cwm LLC Sells 337 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Cwm LLC cut its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,797 shares of the exchange traded fund’s stock after selling 337 shares during the period. Cwm LLC’s holdings in iShares Semiconductor ETF were worth $903,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its position in shares of iShares Semiconductor ETF by 18,717.2% in the first quarter. GAMMA Investing LLC now owns 35,000 shares of the exchange traded fund’s stock valued at $6,586,000 after acquiring an additional 34,814 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of iShares Semiconductor ETF in the first quarter valued at about $47,000. Envestnet Asset Management Inc. increased its position in shares of iShares Semiconductor ETF by 10.0% in the first quarter. Envestnet Asset Management Inc. now owns 129,461 shares of the exchange traded fund’s stock valued at $24,361,000 after acquiring an additional 11,789 shares during the last quarter. QRG Capital Management Inc. acquired a new stake in shares of iShares Semiconductor ETF in the first quarter valued at about $388,000. Finally, Northern Trust Corp increased its position in shares of iShares Semiconductor ETF by 10.8% in the fourth quarter. Northern Trust Corp now owns 3,810 shares of the exchange traded fund’s stock valued at $821,000 after acquiring an additional 371 shares during the last quarter.

iShares Semiconductor ETF Trading Down 1.4%

iShares Semiconductor ETF stock opened at $243.54 on Wednesday. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $250.19. The stock’s 50 day moving average is $226.61 and its 200-day moving average is $210.34. The company has a market capitalization of $13.98 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were paid a $0.4833 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.31. This represents a $1.93 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Monday, June 16th.

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).