Sigma Planning Corp Trims Stock Position in iShares Semiconductor ETF $SOXX

Sigma Planning Corp lessened its holdings in iShares Semiconductor ETF (NASDAQ:SOXX – Free Report) by 54.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 3,924 shares of the exchange traded fund’s stock after selling 4,626 shares during the period. Sigma Planning Corp’s holdings in iShares Semiconductor ETF were worth $1,290,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SOXX. Greenberg Financial Group bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter valued at $843,000. Moulton Wealth Management Inc. bought a new position in iShares Semiconductor ETF in the 4th quarter worth approximately $5,773,000. Eagle Strategies LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter valued at $526,000. Welch Financial Planning LLC bought a new stake in shares of iShares Semiconductor ETF in the fourth quarter worth about $494,000. Finally, Madrid Wealth Management LLC bought a new position in shares of iShares Semiconductor ETF during the 4th quarter valued at approximately $493,000.

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iShares Semiconductor ETF Stock Down 1.6%

Shares of NASDAQ:SOXX opened at $521.81 on Friday. The stock has a market capitalization of $42.24 billion, a P/E ratio of 31.84 and a beta of 1.77. iShares Semiconductor ETF has a 52 week low of $232.33 and a 52 week high of $655.95. The firm has a fifty day simple moving average of $570.18 and a two-hundred day simple moving average of $434.16.

iShares Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2827 dividend. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 15th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 0.2%.

About iShares Semiconductor ETF

(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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