Sumitomo Mitsui Financial Group Inc. Has $3.76 Million Stock Position in iShares Semiconductor ETF $SOXX

Sumitomo Mitsui Financial Group Inc. trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,483 shares of the exchange traded fund’s stock after selling 2,306 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares Semiconductor ETF were worth $3,759,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. BOKF NA acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth $30,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth $32,000. Strategic Advocates LLC acquired a new stake in shares of iShares Semiconductor ETF in the third quarter worth $35,000. Optima Capital LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth $41,000. Finally, Garner Asset Management Corp acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth $45,000.

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iShares Semiconductor ETF Trading Up 8.4%

Shares of iShares Semiconductor ETF stock opened at $586.93 on Friday. iShares Semiconductor ETF has a 1-year low of $220.30 and a 1-year high of $618.84. The firm has a fifty day simple moving average of $480.17 and a 200-day simple moving average of $382.14. The stock has a market capitalization of $38.03 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a dividend of $0.2079 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a yield of 0.1%.

iShares Semiconductor ETF Profile

(Free Report)

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.

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