iShares Semiconductor ETF (NASDAQ:SOXX) Shares Sold by Herbst Group LLC

Herbst Group LLC lessened its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.6% during the 4th quarter, Holdings Channel reports. The firm owned 13,488 shares of the exchange traded fund’s stock after selling 801 shares during the quarter. iShares Semiconductor ETF comprises approximately 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 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Global Trust Asset Management LLC purchased a new stake in shares of iShares Semiconductor ETF during the third quarter valued at $27,000. EverSource Wealth Advisors LLC grew its stake in iShares Semiconductor ETF by 84.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 63 shares during the last quarter. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Semiconductor ETF in the third quarter valued at about $33,000. Truvestments Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the third quarter valued at about $35,000. Finally, Hollencrest Capital Management raised its stake in shares of iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 60 shares during the last quarter.

iShares Semiconductor ETF Stock Up 2.8 %

Shares of NASDAQ SOXX opened at $229.74 on Friday. iShares Semiconductor ETF has a 52 week low of $189.81 and a 52 week high of $267.24. The business’s 50 day moving average price is $219.31 and its 200 day moving average price is $225.81. The firm has a market cap of $14.97 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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