KCM Investment Advisors LLC Sells 2,352 Shares of iShares Semiconductor ETF $SOXX

KCM Investment Advisors LLC trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXXFree Report) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,067 shares of the exchange traded fund’s stock after selling 2,352 shares during the quarter. KCM Investment Advisors LLC owned 0.06% of iShares Semiconductor ETF worth $10,862,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Evelyn Partners Investment Management Europe Ltd lifted its holdings in shares of iShares Semiconductor ETF by 7.1% during the fourth quarter. Evelyn Partners Investment Management Europe Ltd now owns 11,266 shares of the exchange traded fund’s stock worth $3,393,000 after purchasing an additional 751 shares during the period. Arax Advisory Partners acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter worth $1,410,000. Blue Jean Financial LLC acquired a new position in shares of iShares Semiconductor ETF during the fourth quarter worth $601,000. 1 North Wealth Services LLC raised its stake in iShares Semiconductor ETF by 34.1% during the fourth quarter. 1 North Wealth Services LLC now owns 14,141 shares of the exchange traded fund’s stock worth $4,259,000 after buying an additional 3,597 shares during the last quarter. Finally, 17 Capital Partners LLC raised its stake in iShares Semiconductor ETF by 40.9% during the fourth quarter. 17 Capital Partners LLC now owns 2,983 shares of the exchange traded fund’s stock worth $898,000 after buying an additional 866 shares during the last quarter.

iShares Semiconductor ETF Stock Up 1.6%

Shares of NASDAQ SOXX opened at $596.25 on Friday. iShares Semiconductor ETF has a twelve month low of $220.30 and a twelve month high of $618.84. The firm has a fifty day simple moving average of $485.32 and a 200 day simple moving average of $383.63. The company has a market capitalization of $38.64 billion, a PE ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF Cuts Dividend

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

iShares Semiconductor ETF Company 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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Institutional Ownership by Quarter for iShares Semiconductor ETF (NASDAQ:SOXX)

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