Corient Private Wealth LLC Has $25.72 Million Stake in iShares Semiconductor ETF $SOXX

Corient Private Wealth LLC reduced its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 50.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 107,936 shares of the exchange traded fund’s stock after selling 111,092 shares during the period. Corient Private Wealth LLC owned 0.20% of iShares Semiconductor ETF worth $25,718,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GFG Capital LLC bought a new position in shares of iShares Semiconductor ETF in the 2nd quarter valued at about $32,000. Johnson Financial Group Inc. bought a new position in iShares Semiconductor ETF in the second quarter valued at approximately $32,000. Crews Bank & Trust increased its position in shares of iShares Semiconductor ETF by 1,666.7% during the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 150 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth approximately $59,000. Finally, WFA of San Diego LLC bought a new stake in shares of iShares Semiconductor ETF during the 2nd quarter worth approximately $87,000.

iShares Semiconductor ETF Trading Down 3.7%

NASDAQ:SOXX opened at $285.23 on Thursday. The stock has a market capitalization of $15.25 billion, a PE ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $317.35. The firm has a fifty day simple moving average of $294.78 and a 200 day simple moving average of $263.16.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.4363 per share. The ex-dividend date is Tuesday, December 16th. This represents a $1.75 annualized dividend and a dividend yield of 0.6%.

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).