International Assets Investment Management LLC Trims Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

International Assets Investment Management LLC reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 100.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,848 shares of the exchange traded fund’s stock after selling 15,221,560 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares Semiconductor ETF were worth $834,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SOXX. JPMorgan Chase & Co. grew its stake in iShares Semiconductor ETF by 2.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock worth $286,979,000 after acquiring an additional 24,055 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of iShares Semiconductor ETF by 15.3% in the third quarter. D.A. Davidson & CO. now owns 4,618 shares of the exchange traded fund’s stock valued at $1,065,000 after purchasing an additional 613 shares during the period. Lokken Investment Group LLC increased its holdings in iShares Semiconductor ETF by 20.8% during the 2nd quarter. Lokken Investment Group LLC now owns 7,196 shares of the exchange traded fund’s stock worth $1,775,000 after purchasing an additional 1,240 shares during the period. Bright Financial Advisors Inc. bought a new stake in iShares Semiconductor ETF during the 2nd quarter valued at $756,000. Finally, Beaumont Financial Advisors LLC lifted its holdings in shares of iShares Semiconductor ETF by 2.1% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 3,545 shares of the exchange traded fund’s stock worth $818,000 after buying an additional 73 shares during the period.

iShares Semiconductor ETF Trading Down 1.0 %

Shares of iShares Semiconductor ETF stock opened at $223.54 on Friday. The stock’s fifty day moving average price is $219.67 and its 200-day moving average price is $226.98. The firm has a market cap of $14.35 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $182.97 and a 12 month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3578 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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).