Silverleafe Capital Partners LLC Decreases Stake in iShares Semiconductor ETF $SOXX

Silverleafe Capital Partners LLC trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 18.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,894 shares of the exchange traded fund’s stock after selling 4,345 shares during the quarter. iShares Semiconductor ETF makes up approximately 3.1% of Silverleafe Capital Partners LLC’s portfolio, making the stock its 9th biggest holding. Silverleafe Capital Partners LLC’s holdings in iShares Semiconductor ETF were worth $10,744,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Highland Investment Advisors LLC bought a new position in iShares Semiconductor ETF in the 2nd quarter valued at $40,000. Triumph Capital Management increased its holdings in shares of iShares Semiconductor ETF by 44.4% in the second quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in shares of iShares Semiconductor ETF by 245.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 49 shares during the period. Atomic Invest LLC raised its position in shares of iShares Semiconductor ETF by 108.1% in the second quarter. Atomic Invest LLC now owns 77 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 40 shares in the last quarter. Finally, Cedar Mountain Advisors LLC purchased a new stake in shares of iShares Semiconductor ETF in the second quarter worth $51,000.

iShares Semiconductor ETF Price Performance

NASDAQ SOXX traded up $12.57 during trading on Friday, reaching $588.90. The company’s stock had a trading volume of 6,690,752 shares, compared to its average volume of 8,268,668. The stock has a market capitalization of $50.73 billion, a PE ratio of 31.84 and a beta of 1.80. The firm has a fifty day moving average of $528.37 and a 200 day moving average of $506.74. iShares Semiconductor ETF has a one year low of $260.44 and a one year high of $655.95.

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

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.3250 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. This represents a $1.30 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, September 15th.

iShares Semiconductor ETF 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.