iShares Semiconductor ETF $SOXX Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC cut its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 9.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,050 shares of the exchange traded fund’s stock after selling 5,168 shares during the quarter. Kestra Advisory Services LLC owned about 0.08% of iShares Semiconductor ETF worth $16,449,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in shares of iShares Semiconductor ETF by 47.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,904,638 shares of the exchange traded fund’s stock valued at $874,732,000 after buying an additional 941,363 shares in the last quarter. Oasis Management Co Ltd. lifted its position in iShares Semiconductor ETF by 100.4% during the 4th quarter. Oasis Management Co Ltd. now owns 3,100 shares of the exchange traded fund’s stock worth $934,000 after acquiring an additional 804,400 shares in the last quarter. Morgan Stanley lifted its position in iShares Semiconductor ETF by 30.0% during the 4th quarter. Morgan Stanley now owns 2,368,608 shares of the exchange traded fund’s stock worth $713,307,000 after acquiring an additional 547,109 shares in the last quarter. Bank of Nova Scotia boosted its holdings in iShares Semiconductor ETF by 5,159.3% in the 4th quarter. Bank of Nova Scotia now owns 451,617 shares of the exchange traded fund’s stock worth $136,005,000 after acquiring an additional 443,030 shares during the period. Finally, Alkeon Capital Management LLC purchased a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $58,001,000.

iShares Semiconductor ETF Trading Down 0.1%

NASDAQ:SOXX traded down $0.36 during trading hours on Friday, hitting $581.34. The stock had a trading volume of 5,843,913 shares, compared to its average volume of 8,279,269. The company has a market cap of $48.80 billion, a PE ratio of 31.84 and a beta of 1.77. The business has a 50 day simple moving average of $564.87 and a two-hundred day simple moving average of $425.75. iShares Semiconductor ETF has a 1-year low of $232.33 and a 1-year high of $655.95.

iShares Semiconductor ETF Increases Dividend

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

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.