Cambridge Investment Research Advisors Inc. Sells 3,150 Shares of iShares Semiconductor ETF $SOXX

Cambridge Investment Research Advisors Inc. lowered its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 210,355 shares of the exchange traded fund’s stock after selling 3,150 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares Semiconductor ETF were worth $63,348,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. AlphaCore Capital LLC increased its holdings in shares of iShares Semiconductor ETF by 281.6% in the fourth quarter. AlphaCore Capital LLC now owns 2,572 shares of the exchange traded fund’s stock worth $775,000 after purchasing an additional 1,898 shares during the period. Maxele Advisors LLC increased its holdings in shares of iShares Semiconductor ETF by 1.4% in the fourth quarter. Maxele Advisors LLC now owns 11,006 shares of the exchange traded fund’s stock worth $3,314,000 after purchasing an additional 156 shares during the period. New York Life Investment Management LLC increased its holdings in shares of iShares Semiconductor ETF by 115.0% in the fourth quarter. New York Life Investment Management LLC now owns 29,557 shares of the exchange traded fund’s stock worth $8,901,000 after purchasing an additional 15,809 shares during the period. Cornerstone Wealth Management LLC increased its holdings in shares of iShares Semiconductor ETF by 25.3% in the fourth quarter. Cornerstone Wealth Management LLC now owns 1,289 shares of the exchange traded fund’s stock worth $388,000 after purchasing an additional 260 shares during the period. Finally, Pinnacle Associates Ltd. increased its holdings in shares of iShares Semiconductor ETF by 96.6% in the fourth quarter. Pinnacle Associates Ltd. now owns 3,886 shares of the exchange traded fund’s stock worth $1,170,000 after purchasing an additional 1,909 shares during the period.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $508.52 on Friday. The stock has a market cap of $32.95 billion, a P/E ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a fifty-two week low of $199.93 and a fifty-two week high of $533.74. The firm’s fifty day moving average price is $396.04 and its 200-day moving average price is $346.87.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.2079 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 annualized dividend 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.