iShares Semiconductor ETF $SOXX Shares Sold by Patten & Patten Inc. TN

Patten & Patten Inc. TN decreased its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 51.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,025 shares of the exchange traded fund’s stock after selling 1,095 shares during the period. Patten & Patten Inc. TN’s holdings in iShares Semiconductor ETF were worth $309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SOXX. Foundations Investment Advisors LLC raised its position in iShares Semiconductor ETF by 27,470.8% during the third quarter. Foundations Investment Advisors LLC now owns 330,850 shares of the exchange traded fund’s stock worth $89,700,000 after acquiring an additional 329,650 shares during the period. Thrivent Financial for Lutherans grew its position in shares of iShares Semiconductor ETF by 3,068.9% in the third quarter. Thrivent Financial for Lutherans now owns 271,415 shares of the exchange traded fund’s stock valued at $73,586,000 after purchasing an additional 262,850 shares during the period. Quadrature Capital Ltd increased its stake in shares of iShares Semiconductor ETF by 6,111.9% during the third quarter. Quadrature Capital Ltd now owns 264,625 shares of the exchange traded fund’s stock worth $71,772,000 after purchasing an additional 260,365 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares Semiconductor ETF by 7.2% during the second 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 in the last quarter. Finally, Barclays PLC raised its position in shares of 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.

iShares Semiconductor ETF Stock Up 5.7%

SOXX opened at $520.30 on Friday. The company has a market cap of $33.72 billion, a PE ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a twelve month low of $192.28 and a twelve month high of $520.46. The company has a 50-day moving average price of $375.43 and a 200 day moving average price of $337.48.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued 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.