Greenwood Gearhart Inc. Sells 10,480 Shares of iShares Semiconductor ETF $SOXX

Greenwood Gearhart Inc. lowered its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 8.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 117,606 shares of the exchange traded fund’s stock after selling 10,480 shares during the quarter. iShares Semiconductor ETF accounts for 1.9% of Greenwood Gearhart Inc.’s portfolio, making the stock its 21st biggest position. Greenwood Gearhart Inc.’s holdings in iShares Semiconductor ETF were worth $35,417,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. BOKF NA bought a new stake in iShares Semiconductor ETF during the fourth quarter worth $30,000. Strategic Advocates LLC bought a new stake in iShares Semiconductor ETF during the third quarter worth $35,000. Optima Capital LLC bought a new stake in iShares Semiconductor ETF during the fourth quarter worth $41,000. Wellington Shields & Co. LLC bought a new stake in iShares Semiconductor ETF during the third quarter worth $41,000. Finally, Garner Asset Management Corp bought a new stake in iShares Semiconductor ETF during the fourth quarter worth $45,000.

iShares Semiconductor ETF Trading Up 5.7%

Shares of iShares Semiconductor ETF stock opened at $520.30 on Friday. The stock has a fifty day simple moving average of $375.43 and a 200 day simple moving average of $337.48. iShares Semiconductor ETF has a 12-month low of $192.28 and a 12-month high of $520.46. The company has a market capitalization of $33.72 billion, a P/E ratio of 31.84 and a beta of 1.75.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.2079 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 annualized dividend and a yield of 0.2%.

iShares Semiconductor ETF 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). 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.