iShares Semiconductor ETF $SOXX Shares Sold by KFG Wealth Management LLC

KFG Wealth Management LLC cut its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 28.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,976 shares of the exchange traded fund’s stock after selling 2,354 shares during the period. KFG Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $1,620,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Union Bancaire Privee UBP SA grew its holdings in shares of iShares Semiconductor ETF by 54.9% during the third quarter. Union Bancaire Privee UBP SA now owns 4,796 shares of the exchange traded fund’s stock valued at $1,300,000 after buying an additional 1,699 shares during the last quarter. HF Advisory Group LLC raised its stake in shares of iShares Semiconductor ETF by 5.8% in the third quarter. HF Advisory Group LLC now owns 906 shares of the exchange traded fund’s stock worth $246,000 after purchasing an additional 50 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in shares of iShares Semiconductor ETF during the third quarter worth about $205,000. HCR Wealth Advisors purchased a new stake in iShares Semiconductor ETF in the third quarter valued at approximately $204,000. Finally, Global Wealth Strategies & Associates increased its holdings in iShares Semiconductor ETF by 66.4% in the 3rd quarter. Global Wealth Strategies & Associates now owns 10,024 shares of the exchange traded fund’s stock worth $2,718,000 after buying an additional 4,001 shares during the period.

iShares Semiconductor ETF Trading Down 0.6%

SOXX opened at $296.20 on Wednesday. iShares Semiconductor ETF has a 12-month low of $148.31 and a 12-month high of $317.35. The firm has a 50 day moving average of $294.91 and a two-hundred day moving average of $263.01. The firm has a market capitalization of $15.83 billion, a PE ratio of 31.84 and a beta of 1.51.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th will be issued a $0.4363 dividend. This represents a $1.75 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, December 16th.

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).