Stratos Wealth Advisors LLC Has $408,000 Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Stratos Wealth Advisors LLC trimmed its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 57.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,893 shares of the exchange traded fund’s stock after selling 2,603 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares Semiconductor ETF were worth $408,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Global Trust Asset Management LLC acquired a new position in iShares Semiconductor ETF during the 3rd quarter worth $27,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth $33,000. Truvestments Capital LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter valued at $35,000. Hollencrest Capital Management boosted its holdings in iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 60 shares during the last quarter. Finally, Morse Asset Management Inc bought a new position in iShares Semiconductor ETF in the third quarter valued at about $42,000.

iShares Semiconductor ETF Trading Down 1.6 %

Shares of NASDAQ:SOXX opened at $216.87 on Friday. iShares Semiconductor ETF has a 1-year low of $192.87 and a 1-year high of $267.24. The stock has a market capitalization of $13.42 billion, a P/E ratio of 10.60 and a beta of 1.34. The business has a 50-day moving average price of $221.00 and a two-hundred day moving average price of $222.88.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.3578 dividend. 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).