L & S Advisors Inc Has $515,000 Stock Holdings in iShares Semiconductor ETF $SOXX

L & S Advisors Inc trimmed its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 98.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,898 shares of the exchange traded fund’s stock after selling 97,301 shares during the quarter. L & S Advisors Inc’s holdings in iShares Semiconductor ETF were worth $515,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth about $25,000. Johnson Financial Group Inc. acquired a new position in iShares Semiconductor ETF in the second quarter worth approximately $32,000. Financial Consulate Inc. acquired a new position in iShares Semiconductor ETF in the third quarter worth approximately $34,000. Wellington Shields & Co. LLC bought a new position in iShares Semiconductor ETF during the third quarter valued at approximately $41,000. Finally, Blue Trust Inc. lifted its stake in iShares Semiconductor ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 44 shares during the last quarter.

iShares Semiconductor ETF Stock Down 0.6%

Shares of SOXX opened at $355.84 on Friday. The firm has a market cap of $21.56 billion, a price-to-earnings ratio of 31.84 and a beta of 1.51. The company’s fifty day moving average is $330.05 and its 200-day moving average is $294.21. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $365.38.

iShares Semiconductor ETF Cuts Dividend

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