PFG Investments LLC Sells 3,634 Shares of iShares Semiconductor ETF $SOXX

PFG Investments LLC lessened its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 24.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,459 shares of the exchange traded fund’s stock after selling 3,634 shares during the quarter. PFG Investments LLC’s holdings in iShares Semiconductor ETF were worth $3,451,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in iShares Semiconductor ETF by 7.2% during the 2nd quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock worth $562,835,000 after purchasing an additional 159,203 shares during the last quarter. Foundations Investment Advisors LLC raised its holdings in iShares Semiconductor ETF by 27,470.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock worth $89,700,000 after purchasing an additional 329,650 shares during the last quarter. Barclays PLC raised its holdings in iShares Semiconductor ETF by 80.7% during the 3rd quarter. Barclays PLC now owns 326,144 shares of the exchange traded fund’s stock worth $88,424,000 after purchasing an additional 145,698 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares Semiconductor ETF by 83.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 307,105 shares of the exchange traded fund’s stock worth $83,263,000 after purchasing an additional 139,474 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in iShares Semiconductor ETF by 6.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 301,244 shares of the exchange traded fund’s stock worth $71,934,000 after purchasing an additional 17,202 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $401.86 on Thursday. iShares Semiconductor ETF has a 52-week low of $160.26 and a 52-week high of $402.09. The firm has a 50 day moving average price of $348.81 and a two-hundred day moving average price of $320.77. The firm has a market cap of $25.16 billion, a price-to-earnings ratio of 31.84 and a beta of 1.53.

iShares Semiconductor ETF Cuts Dividend

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

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.