iShares Semiconductor ETF $SOXX Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. lowered its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 12.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 10,177 shares of the exchange traded fund’s stock after selling 1,456 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares Semiconductor ETF were worth $3,065,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Rinkey Investments raised its stake in shares of iShares Semiconductor ETF by 2.3% in the fourth quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after purchasing an additional 36 shares during the last quarter. Apeiron RIA LLC boosted its position in iShares Semiconductor ETF by 26.6% in the fourth quarter. Apeiron RIA LLC now owns 5,247 shares of the exchange traded fund’s stock valued at $1,580,000 after buying an additional 1,104 shares during the last quarter. Koshinski Asset Management Inc. boosted its position in iShares Semiconductor ETF by 1.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 9,863 shares of the exchange traded fund’s stock valued at $2,970,000 after buying an additional 178 shares during the last quarter. Maxi Investments CY Ltd acquired a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $15,780,000. Finally, MGO One Seven LLC increased its holdings in iShares Semiconductor ETF by 7.3% in the 4th quarter. MGO One Seven LLC now owns 1,995 shares of the exchange traded fund’s stock worth $601,000 after buying an additional 135 shares during the period.

iShares Semiconductor ETF Stock Up 2.4%

iShares Semiconductor ETF stock opened at $532.76 on Tuesday. The business’s 50-day moving average price is $382.00 and its 200 day moving average price is $340.78. The firm has a market cap of $34.52 billion, a price-to-earnings ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a 52 week low of $199.93 and a 52 week high of $533.74.

iShares Semiconductor ETF Cuts Dividend

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

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.