HighTower Advisors LLC Sells 1,932 Shares of iShares Semiconductor ETF $SOXX

HighTower Advisors LLC decreased its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 1.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 118,439 shares of the exchange traded fund’s stock after selling 1,932 shares during the period. HighTower Advisors LLC owned 0.22% of iShares Semiconductor ETF worth $32,116,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Foundations Investment Advisors LLC raised its stake in iShares Semiconductor ETF by 27,470.8% during the third quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock valued at $89,700,000 after buying an additional 329,650 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of iShares Semiconductor ETF by 3,068.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 271,415 shares of the exchange traded fund’s stock worth $73,586,000 after purchasing an additional 262,850 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its position in shares of iShares Semiconductor ETF by 4,677.9% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 201,722 shares of the exchange traded fund’s stock worth $48,151,000 after purchasing an additional 197,500 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares Semiconductor ETF by 7.2% in the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after purchasing an additional 159,203 shares in the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management boosted its stake in iShares Semiconductor ETF by 304.7% in the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 156,338 shares of the exchange traded fund’s stock worth $37,317,000 after purchasing an additional 117,703 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $357.92 on Thursday. The firm has a market cap of $21.69 billion, a P/E ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $365.38. The firm has a 50-day simple moving average of $329.23 and a two-hundred day simple moving average of $293.78.

iShares Semiconductor ETF Cuts Dividend

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

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.