StoneCrest Wealth Management Inc. Has $535,000 Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

StoneCrest Wealth Management Inc. trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 21.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,845 shares of the exchange traded fund’s stock after selling 792 shares during the period. StoneCrest Wealth Management Inc.’s holdings in iShares Semiconductor ETF were worth $535,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd bought a new position in iShares Semiconductor ETF in the 4th quarter valued at $289,403,000. JPMorgan Chase & Co. boosted its position 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 valued at $286,979,000 after buying an additional 24,055 shares during the last quarter. LPL Financial LLC boosted its position in iShares Semiconductor ETF by 2.8% in the 4th 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 last quarter. Royal Bank of Canada boosted its position in iShares Semiconductor ETF by 9.7% in the 4th quarter. Royal Bank of Canada now owns 445,806 shares of the exchange traded fund’s stock valued at $96,068,000 after buying an additional 39,604 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new position in iShares Semiconductor ETF in the 4th quarter valued at $95,496,000.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $217.34 on Friday. The firm has a market capitalization of $12.53 billion, a price-to-earnings ratio of 27.28 and a beta of 1.34. The business’s fifty day moving average price is $189.96 and its two-hundred day moving average price is $206.56. iShares Semiconductor ETF has a 52 week low of $148.31 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

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

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).