Commonwealth Equity Services LLC Sells 7,525 Shares of iShares Semiconductor ETF $SOXX

Commonwealth Equity Services LLC reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 233,990 shares of the exchange traded fund’s stock after selling 7,525 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Semiconductor ETF were worth $133,056,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares Semiconductor ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock valued at $1,023,867,000 after acquiring an additional 538,125 shares during the period. Bank of Nova Scotia grew its holdings in shares of iShares Semiconductor ETF by 88.5% in the 1st quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock worth $279,766,000 after acquiring an additional 399,612 shares during the period. Royal Bank of Canada grew its holdings in shares of iShares Semiconductor ETF by 28.3% in the 1st quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock worth $142,437,000 after acquiring an additional 95,669 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares Semiconductor ETF in the 3rd quarter valued at approximately $216,839,000. Finally, Noked Israel Ltd purchased a new stake in iShares Semiconductor ETF during the first quarter worth $114,725,000.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $130.87 on Friday. The firm has a market capitalization of $12.12 billion, a price-to-earnings ratio of 31.84 and a beta of 1.86. iShares Semiconductor ETF has a fifty-two week low of $86.81 and a fifty-two week high of $218.65. The stock’s fifty day moving average is $174.42 and its two-hundred day moving average is $158.99.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.1083 per share. This is a drop from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.43 annualized dividend and a dividend yield of 0.3%.

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.