Kingsview Wealth Management LLC Decreases Holdings in iShares Semiconductor ETF $SOXX

Kingsview Wealth Management LLC decreased its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 28.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,891 shares of the exchange traded fund’s stock after selling 4,387 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $2,953,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Stratos Wealth Advisors LLC raised its holdings in shares of iShares Semiconductor ETF by 1.7% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after purchasing an additional 36 shares during the period. Modera Wealth Management LLC increased its position in iShares Semiconductor ETF by 4.2% in the third quarter. Modera Wealth Management LLC now owns 1,003 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 40 shares during the last quarter. American Institute for Advanced Investment Management LLP raised its stake in shares of iShares Semiconductor ETF by 3.5% in the third quarter. American Institute for Advanced Investment Management LLP now owns 1,183 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 40 shares during the period. Koshinski Asset Management Inc. lifted its position in shares of iShares Semiconductor ETF by 0.4% during the 3rd quarter. Koshinski Asset Management Inc. now owns 9,685 shares of the exchange traded fund’s stock valued at $2,626,000 after buying an additional 41 shares during the last quarter. Finally, Condor Capital Management lifted its position in shares of iShares Semiconductor ETF by 0.4% during the 2nd quarter. Condor Capital Management now owns 9,876 shares of the exchange traded fund’s stock valued at $2,357,000 after buying an additional 43 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $341.54 on Thursday. The business has a 50-day moving average of $340.02 and a 200 day moving average of $301.41. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $368.82. The firm has a market cap of $20.70 billion, a P/E ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.4363 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $1.75 annualized dividend and a dividend yield of 0.5%.

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.