Howe & Rusling Inc. Lowers Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Howe & Rusling Inc. reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 36.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 218 shares of the exchange traded fund’s stock after selling 125 shares during the quarter. Howe & Rusling Inc.’s holdings in iShares Semiconductor ETF were worth $47,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth approximately $289,403,000. JPMorgan Chase & Co. boosted its holdings in iShares Semiconductor ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock worth $286,979,000 after buying an additional 24,055 shares in the last quarter. LPL Financial LLC grew its position in iShares Semiconductor ETF by 2.8% during the fourth quarter. LPL Financial LLC now owns 786,645 shares of the exchange traded fund’s stock valued at $169,514,000 after buying an additional 21,341 shares during the period. Barclays PLC increased its holdings in iShares Semiconductor ETF by 24.3% in the third quarter. Barclays PLC now owns 426,035 shares of the exchange traded fund’s stock valued at $98,239,000 after buying an additional 83,163 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter worth about $69,622,000.

iShares Semiconductor ETF Stock Down 3.0 %

NASDAQ:SOXX opened at $188.68 on Friday. iShares Semiconductor ETF has a 52 week low of $187.44 and a 52 week high of $267.24. The stock’s 50-day moving average price is $212.54 and its 200-day moving average price is $219.36. The stock has a market capitalization of $11.68 billion, a PE ratio of 28.79 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $0.2611 dividend. The ex-dividend date was Tuesday, March 18th.

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).