iShares Semiconductor ETF $SOXX Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC reduced its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 56.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,559 shares of the exchange traded fund’s stock after selling 27,901 shares during the quarter. iShares Semiconductor ETF accounts for 2.7% of Cadent Capital Advisors LLC’s portfolio, making the stock its 8th largest position. Cadent Capital Advisors LLC’s holdings in iShares Semiconductor ETF were worth $12,259,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares Semiconductor ETF by 20.9% in the first quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock valued at $1,023,867,000 after purchasing an additional 538,125 shares in the last quarter. Bank of Nova Scotia lifted its stake in iShares Semiconductor ETF by 88.5% in the 1st quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock valued at $279,766,000 after acquiring an additional 399,612 shares in the last quarter. Royal Bank of Canada lifted its stake in iShares Semiconductor ETF by 28.3% in the 1st quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock valued at $142,437,000 after acquiring an additional 95,669 shares in the last quarter. Noked Israel Ltd acquired a new position in iShares Semiconductor ETF during the 1st quarter worth approximately $114,725,000. Finally, Envestnet Asset Management Inc. boosted its position in iShares Semiconductor ETF by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 163,012 shares of the exchange traded fund’s stock worth $104,451,000 after acquiring an additional 8,820 shares during the last quarter.

iShares Semiconductor ETF Stock Down 0.8%

Shares of SOXX stock traded down $4.49 during trading on Friday, reaching $558.79. The company’s stock had a trading volume of 3,364,011 shares, compared to its average volume of 8,196,722. iShares Semiconductor ETF has a one year low of $260.44 and a one year high of $655.95. The business has a fifty day moving average price of $536.56 and a 200-day moving average price of $515.36. The company has a market cap of $46.32 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF shares are scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.3250 dividend. This represents a $1.30 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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). 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.