Thrivent Financial for Lutherans Sells 51,579 Shares of iShares Semiconductor ETF $SOXX

Thrivent Financial for Lutherans decreased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 19.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 219,836 shares of the exchange traded fund’s stock after selling 51,579 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.36% of iShares Semiconductor ETF worth $66,210,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Citizens Financial Group Inc. RI grew its position in shares of iShares Semiconductor ETF by 2.0% during the 4th quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock worth $486,000 after buying an additional 31 shares in the last quarter. Stratos Wealth Advisors LLC grew its position in shares of iShares Semiconductor ETF by 1.7% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after buying an additional 36 shares in the last quarter. Rinkey Investments grew its position in shares of iShares Semiconductor ETF by 2.3% during the 4th quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after buying an additional 36 shares in the last quarter. First Heartland Consultants Inc. grew its position in shares of iShares Semiconductor ETF by 1.1% during the 4th quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock worth $992,000 after buying an additional 37 shares in the last quarter. Finally, Secure Asset Management LLC grew its position in shares of iShares Semiconductor ETF by 4.6% during the 4th quarter. Secure Asset Management LLC now owns 871 shares of the exchange traded fund’s stock worth $262,000 after buying an additional 38 shares in the last quarter.

iShares Semiconductor ETF Trading Down 4.1%

SOXX opened at $508.52 on Friday. iShares Semiconductor ETF has a 12-month low of $199.93 and a 12-month high of $533.74. The business’s fifty day simple moving average is $396.04 and its 200-day simple moving average is $346.87. The company has a market capitalization of $32.95 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

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

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.