Herbst Group LLC Sells 801 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Herbst Group LLC decreased its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,488 shares of the exchange traded fund’s stock after selling 801 shares during the period. iShares Semiconductor ETF makes up about 1.8% of Herbst Group LLC’s investment portfolio, making the stock its 26th largest position. Herbst Group LLC’s holdings in iShares Semiconductor ETF were worth $2,907,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SOXX. Global Trust Asset Management LLC bought a new stake in iShares Semiconductor ETF in the third quarter worth about $27,000. EverSource Wealth Advisors LLC raised its holdings in shares of iShares Semiconductor ETF by 84.0% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 63 shares during the period. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth approximately $33,000. Truvestments Capital LLC purchased a new position in iShares Semiconductor ETF during the 3rd quarter valued at $35,000. Finally, Hollencrest Capital Management boosted its holdings in iShares Semiconductor ETF by 56.1% during the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 60 shares during the period.

iShares Semiconductor ETF Trading Up 2.8 %

NASDAQ SOXX opened at $229.74 on Friday. The stock has a market cap of $14.97 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 12 month low of $189.81 and a 12 month high of $267.24. The company’s 50-day moving average price is $219.31 and its 200-day moving average price is $225.81.

iShares Semiconductor ETF Cuts Dividend

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

iShares Semiconductor ETF Company 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).