Forte Asset Management LLC Has $2.13 Million Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Forte Asset Management LLC trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,896 shares of the exchange traded fund’s stock after selling 209 shares during the period. Forte Asset Management LLC’s holdings in iShares Semiconductor ETF were worth $2,133,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Global Trust Asset Management LLC acquired a new position in iShares Semiconductor ETF in the 3rd quarter worth about $27,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at approximately $33,000. Truvestments Capital LLC bought a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at approximately $35,000. Hollencrest Capital Management grew its holdings in iShares Semiconductor ETF by 56.1% in the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 60 shares during the last quarter. Finally, Morse Asset Management Inc acquired a new stake in iShares Semiconductor ETF in the 3rd quarter valued at approximately $42,000.

iShares Semiconductor ETF Stock Down 7.8 %

SOXX opened at $212.55 on Tuesday. The firm has a market capitalization of $13.40 billion, a P/E ratio of 10.60 and a beta of 1.34. The stock’s 50 day moving average price is $220.66 and its two-hundred day moving average price is $224.70. iShares Semiconductor ETF has a 12-month low of $192.87 and a 12-month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

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).