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

Forte Asset Management LLC lessened its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,896 shares of the exchange traded fund’s stock after selling 209 shares during the quarter. Forte Asset Management LLC’s holdings in iShares Semiconductor ETF were worth $2,133,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Global Trust Asset Management LLC bought a new position in iShares Semiconductor ETF in the 3rd quarter valued at $27,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth $33,000. Truvestments Capital LLC bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth $35,000. Hollencrest Capital Management raised its position in shares of iShares Semiconductor ETF by 56.1% during the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 60 shares during the last quarter. Finally, Morse Asset Management Inc bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth $42,000.

iShares Semiconductor ETF Stock Down 7.8 %

SOXX stock opened at $212.55 on Tuesday. The company has a market cap of $13.40 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a twelve month low of $192.87 and a twelve month high of $267.24. The business has a fifty day moving average of $220.66 and a 200-day moving average of $224.70.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Semiconductor ETF

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).