iShares Semiconductor ETF $SOXX Shares Sold by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. trimmed its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 15.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,483 shares of the exchange traded fund’s stock after selling 2,306 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares Semiconductor ETF were worth $3,759,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Citizens Financial Group Inc. RI lifted its stake in iShares Semiconductor ETF by 2.0% in the fourth quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock valued at $486,000 after acquiring an additional 31 shares during the last quarter. Stratos Wealth Advisors LLC lifted its stake in iShares Semiconductor ETF by 1.7% in the third quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock valued at $579,000 after acquiring an additional 36 shares during the last quarter. Rinkey Investments lifted its stake in iShares Semiconductor ETF by 2.3% in the fourth quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock valued at $473,000 after acquiring an additional 36 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in iShares Semiconductor ETF by 1.1% in the fourth quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock valued at $992,000 after acquiring an additional 37 shares during the last quarter. Finally, Madison Wealth Partners Inc lifted its stake in iShares Semiconductor ETF by 1.7% in the fourth quarter. Madison Wealth Partners Inc now owns 2,206 shares of the exchange traded fund’s stock valued at $664,000 after acquiring an additional 37 shares during the last quarter.

iShares Semiconductor ETF Stock Up 8.4%

NASDAQ SOXX opened at $586.93 on Friday. The stock has a market capitalization of $38.03 billion, a PE ratio of 31.84 and a beta of 1.80. The company has a 50 day moving average price of $480.17 and a two-hundred day moving average price of $382.14. iShares Semiconductor ETF has a 12-month low of $220.30 and a 12-month high of $618.84.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders 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 dividend on an annualized basis and a yield of 0.1%.

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.