Envestnet Asset Management Inc. Sells 15,972 Shares of iShares Semiconductor ETF $SOXX

Envestnet Asset Management Inc. trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 9.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,144 shares of the exchange traded fund’s stock after selling 15,972 shares during the quarter. Envestnet Asset Management Inc. owned 0.28% of iShares Semiconductor ETF worth $40,436,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bison Wealth LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter valued at $201,000. AQR Capital Management LLC raised its position in shares of iShares Semiconductor ETF by 83.9% in the 1st quarter. AQR Capital Management LLC now owns 2,238 shares of the exchange traded fund’s stock worth $421,000 after purchasing an additional 1,021 shares during the last quarter. DAVENPORT & Co LLC bought a new position in iShares Semiconductor ETF in the 2nd quarter worth about $221,000. US Bancorp DE boosted its stake in iShares Semiconductor ETF by 5.9% in the 2nd quarter. US Bancorp DE now owns 14,655 shares of the exchange traded fund’s stock worth $3,498,000 after purchasing an additional 815 shares in the last quarter. Finally, Johnson Investment Counsel Inc. grew its position in iShares Semiconductor ETF by 57.6% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,707 shares of the exchange traded fund’s stock valued at $407,000 after purchasing an additional 624 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock opened at $351.43 on Wednesday. The stock has a market capitalization of $21.30 billion, a PE ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $363.80. The company has a 50-day simple moving average of $323.89 and a two-hundred day simple moving average of $289.40.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.4363 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.75 annualized dividend and a yield of 0.5%.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.