iShares Semiconductor ETF $SOXX Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lowered its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 115,601 shares of the exchange traded fund’s stock after selling 2,838 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Semiconductor ETF were worth $34,813,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. BOKF NA acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $30,000. Strategic Advocates LLC acquired a new stake in shares of iShares Semiconductor ETF in the third quarter valued at about $35,000. Optima Capital LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $41,000. Wellington Shields & Co. LLC acquired a new stake in shares of iShares Semiconductor ETF in the third quarter valued at about $41,000. Finally, Garner Asset Management Corp acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at about $45,000.

iShares Semiconductor ETF Stock Performance

SOXX stock opened at $524.71 on Friday. iShares Semiconductor ETF has a 1 year low of $199.93 and a 1 year high of $533.74. The firm has a market cap of $34.00 billion, a P/E ratio of 31.84 and a beta of 1.75. The stock has a 50-day simple moving average of $410.07 and a 200-day simple moving average of $352.89.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced 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 dividend on an annualized basis 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.