iShares Semiconductor ETF $SOXX Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 115,601 shares of the exchange traded fund’s stock after selling 2,838 shares during the quarter. HighTower Advisors LLC owned approximately 0.19% of iShares Semiconductor ETF worth $34,813,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Greenberg Financial Group acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth about $843,000. Moulton Wealth Management Inc. acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth about $5,773,000. Sava Penzisko Drushtvo A.D. Skopje acquired a new stake in iShares Semiconductor ETF during the third quarter worth about $12,275,000. Eagle Strategies LLC acquired a new stake in iShares Semiconductor ETF during the fourth quarter worth about $526,000. Finally, Barclays PLC increased its stake in iShares Semiconductor ETF by 80.7% during the third quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after acquiring an additional 145,698 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $524.71 on Friday. The firm has a market capitalization of $34.00 billion, a PE ratio of 31.84 and a beta of 1.75. The business has a 50-day moving average of $410.07 and a two-hundred day moving average of $352.89. iShares Semiconductor ETF has a 12 month low of $199.93 and a 12 month high of $533.74.

iShares Semiconductor ETF Cuts Dividend

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