iShares Semiconductor ETF $SOXX Stock Sold by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 99.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 369 shares of the exchange traded fund’s stock after selling 42,380 shares during the quarter. MinichMacGregor Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Highland Investment Advisors LLC acquired a new stake in iShares Semiconductor ETF in the second quarter worth about $40,000. Triumph Capital Management grew its stake in shares of iShares Semiconductor ETF by 44.4% during the second quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of iShares Semiconductor ETF by 245.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 49 shares during the last quarter. Atomic Invest LLC increased its holdings in shares of iShares Semiconductor ETF by 108.1% during the second quarter. Atomic Invest LLC now owns 77 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 40 shares in the last quarter. Finally, Go Invest LLC acquired a new position in shares of iShares Semiconductor ETF during the third quarter valued at about $45,000.

iShares Semiconductor ETF Stock Performance

SOXX stock traded down $19.43 during trading on Wednesday, reaching $524.48. The company had a trading volume of 5,041,434 shares, compared to its average volume of 8,183,367. The firm has a 50-day simple moving average of $538.43 and a 200-day simple moving average of $519.77. The company has a market cap of $42.95 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a twelve month low of $260.44 and a twelve month high of $655.95.

Shares of iShares Semiconductor ETF are set to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.3250 per share. This represents a $1.30 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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.