Lindbrook Capital LLC Decreases Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Lindbrook Capital LLC lowered its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 2.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 27,489 shares of the exchange traded fund’s stock after selling 617 shares during the period. Lindbrook Capital LLC’s holdings in iShares Semiconductor ETF were worth $5,924,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXX. Compass Financial Services Inc purchased a new position in shares of iShares Semiconductor ETF during the 4th quarter worth $25,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth $33,000. Truvestments Capital LLC purchased a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth $35,000. Hollencrest Capital Management raised its holdings in shares of iShares Semiconductor ETF by 56.1% during the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 60 shares during the period. Finally, Morse Asset Management Inc purchased a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth $42,000.

iShares Semiconductor ETF Stock Up 2.2 %

NASDAQ SOXX opened at $206.63 on Thursday. iShares Semiconductor ETF has a 52 week low of $192.87 and a 52 week high of $267.24. The business’s fifty day simple moving average is $220.22 and its 200-day simple moving average is $222.33. The firm has a market cap of $12.79 billion, a PE ratio of 30.63 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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

About iShares Semiconductor ETF

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).