iShares Semiconductor ETF $SOXX Shares Sold by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. cut its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 156,431 shares of the exchange traded fund’s stock after selling 2,680 shares during the period. iShares Semiconductor ETF accounts for about 1.4% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its 9th biggest position. Analyst IMS Investment Management Services Ltd. owned approximately 0.26% of iShares Semiconductor ETF worth $47,110,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Foundations Investment Advisors LLC lifted its holdings in iShares Semiconductor ETF by 27,470.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock worth $89,700,000 after buying an additional 329,650 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of iShares Semiconductor ETF by 3,068.9% during the third quarter. Thrivent Financial for Lutherans now owns 271,415 shares of the exchange traded fund’s stock valued at $73,586,000 after acquiring an additional 262,850 shares during the period. Quadrature Capital Ltd increased its position in iShares Semiconductor ETF by 6,111.9% in the third quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock worth $71,772,000 after purchasing an additional 260,365 shares during the period. Bank of America Corp DE increased its position in iShares Semiconductor ETF by 7.2% in the second 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 during the period. Finally, Barclays PLC raised its holdings in iShares Semiconductor ETF by 80.7% during the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after purchasing an additional 145,698 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $339.61 on Friday. The company has a market cap of $21.40 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 $368.82. The company’s 50-day moving average is $344.15 and its two-hundred day moving average is $314.19.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.2079 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 annualized dividend and a dividend yield of 0.2%.

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). 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.