iShares Semiconductor ETF $SOXX Shares Sold by Forte Asset Management LLC

Forte Asset Management LLC lowered its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 30.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,930 shares of the exchange traded fund’s stock after selling 3,841 shares during the period. Forte Asset Management LLC’s holdings in iShares Semiconductor ETF were worth $2,132,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SOXX. Tradewinds Capital Management LLC grew its stake in shares of iShares Semiconductor ETF by 2,600.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 162 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 156 shares during the last quarter. GFG Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the 2nd quarter worth approximately $32,000. Crews Bank & Trust grew its stake in shares of iShares Semiconductor ETF by 1,666.7% in the 2nd quarter. Crews Bank & Trust now owns 159 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 150 shares during the last quarter. Hopwood Financial Services Inc. grew its stake in shares of iShares Semiconductor ETF by 50.0% in the 1st quarter. Hopwood Financial Services Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 70 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new position in shares of iShares Semiconductor ETF in the 2nd quarter worth approximately $59,000.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $295.86 on Friday. The firm’s 50 day simple moving average is $266.02 and its 200-day simple moving average is $234.02. The company has a market cap of $15.65 billion, a P/E ratio of 31.84 and a beta of 1.34. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $298.22.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a dividend of $0.5407 per share. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, September 16th.

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).