iShares Semiconductor ETF $SOXX Shares Sold by Marks Wealth LLC

Marks Wealth LLC lowered its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 7.6% during the third quarter, HoldingsChannel reports. The firm owned 45,185 shares of the exchange traded fund’s stock after selling 3,691 shares during the quarter. iShares Semiconductor ETF comprises approximately 5.6% of Marks Wealth LLC’s portfolio, making the stock its 6th biggest holding. Marks Wealth LLC’s holdings in iShares Semiconductor ETF were worth $25,694,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sentry LLC lifted its holdings in shares of iShares Semiconductor ETF by 19.9% in the 3rd quarter. Sentry LLC now owns 555 shares of the exchange traded fund’s stock valued at $316,000 after buying an additional 92 shares during the period. Lyell Wealth Management LP grew its holdings in iShares Semiconductor ETF by 7.1% during the third quarter. Lyell Wealth Management LP now owns 3,404 shares of the exchange traded fund’s stock worth $1,936,000 after acquiring an additional 226 shares during the period. Summa Corp. raised its position in iShares Semiconductor ETF by 25.4% in the third quarter. Summa Corp. now owns 1,404 shares of the exchange traded fund’s stock worth $798,000 after acquiring an additional 284 shares in the last quarter. IPG Investment Advisors LLC raised its position in iShares Semiconductor ETF by 121.2% in the third quarter. IPG Investment Advisors LLC now owns 3,145 shares of the exchange traded fund’s stock worth $1,788,000 after acquiring an additional 1,723 shares in the last quarter. Finally, Bauman Advisory Group LLC raised its position in iShares Semiconductor ETF by 5.4% in the third quarter. Bauman Advisory Group LLC now owns 2,589 shares of the exchange traded fund’s stock worth $1,472,000 after acquiring an additional 132 shares in the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ SOXX opened at $450.41 on Thursday. The firm has a market capitalization of $41.71 billion, a P/E ratio of 31.84 and a beta of 1.86. iShares Semiconductor ETF has a one year low of $260.44 and a one year high of $655.95. The company’s fifty day moving average is $525.70 and its two-hundred day moving average is $476.72.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.1083 dividend. This is a decrease from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $0.43 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Tuesday, September 15th.

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.