iShares Semiconductor ETF $SOXX Shares Sold by Tudor Financial Inc.

Tudor Financial Inc. trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 83.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,650 shares of the exchange traded fund’s stock after selling 44,922 shares during the quarter. iShares Semiconductor ETF accounts for approximately 2.5% of Tudor Financial Inc.’s portfolio, making the stock its 7th largest holding. Tudor Financial Inc.’s holdings in iShares Semiconductor ETF were worth $5,543,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SOXX. Goldman Sachs Group Inc. increased its position in iShares Semiconductor ETF by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock worth $874,732,000 after purchasing an additional 941,363 shares in the last quarter. Oasis Management Co Ltd. raised its holdings in iShares Semiconductor ETF by 100.4% in the fourth quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock valued at $934,000 after buying an additional 804,400 shares during the period. Morgan Stanley lifted its position in iShares Semiconductor ETF by 30.0% during the fourth quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock valued at $713,307,000 after buying an additional 547,109 shares in the last quarter. Bank of America Corp DE lifted its position in iShares Semiconductor ETF by 20.9% during the first quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock valued at $1,023,867,000 after buying an additional 538,125 shares in the last quarter. Finally, Bank of Nova Scotia grew its stake in iShares Semiconductor ETF by 5,159.3% during the fourth quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock worth $136,005,000 after buying an additional 443,030 shares during the period.

iShares Semiconductor ETF Stock Up 0.2%

iShares Semiconductor ETF stock opened at $502.20 on Friday. iShares Semiconductor ETF has a 52-week low of $238.75 and a 52-week high of $655.95. The firm has a fifty day moving average of $539.22 and a 200-day moving average of $479.56. The firm has a market capitalization of $45.02 billion, a P/E ratio of 31.84 and a beta of 1.80.

Shares of iShares Semiconductor ETF are going to split on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2827 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.21.

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.