4,895 iShares Semiconductor ETF $SOXX Shares Sold by RWQ Financial Management Services Inc.

RWQ Financial Management Services Inc. reduced its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 43.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,260 shares of the exchange traded fund’s stock after selling 4,895 shares during the quarter. iShares Semiconductor ETF comprises approximately 2.0% of RWQ Financial Management Services Inc.’s portfolio, making the stock its 21st biggest position. RWQ Financial Management Services Inc.’s holdings in iShares Semiconductor ETF were worth $3,560,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Washburn Capital Management Inc. grew its position in iShares Semiconductor ETF by 20.6% during the 3rd quarter. Washburn Capital Management Inc. now owns 8,895 shares of the exchange traded fund’s stock worth $5,058,000 after purchasing an additional 1,520 shares during the last quarter. Gimbal Financial acquired a new position in iShares Semiconductor ETF in the third quarter valued at $9,100,000. New Wave Wealth Advisors LLC acquired a new position in iShares Semiconductor ETF in the third quarter valued at $503,000. Cornell Pochily Investment Advisors Inc. increased its stake in iShares Semiconductor ETF by 9.1% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 602 shares of the exchange traded fund’s stock valued at $343,000 after purchasing an additional 50 shares during the period. Finally, Prairie Advisory LLC raised its holdings in shares of iShares Semiconductor ETF by 108.3% in the third quarter. Prairie Advisory LLC now owns 3,054 shares of the exchange traded fund’s stock valued at $1,736,000 after buying an additional 1,588 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX traded up $8.66 on Monday, reaching $502.05. The company’s stock had a trading volume of 6,094,379 shares, compared to its average volume of 8,279,025. iShares Semiconductor ETF has a 52-week low of $260.44 and a 52-week high of $655.95. The stock has a market capitalization of $41.57 billion, a P/E ratio of 31.84 and a beta of 1.80. The stock’s 50-day moving average is $536.87 and its two-hundred day moving average is $523.75.

iShares Semiconductor ETF shares are going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.3250 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date was Tuesday, September 15th. This represents a $1.30 annualized dividend and a yield of 0.3%.

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). 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.