Sargent Investment Group LLC Sells 1,910 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Sargent Investment Group LLC decreased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 35.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,450 shares of the exchange traded fund’s stock after selling 1,910 shares during the period. Sargent Investment Group LLC’s holdings in iShares Semiconductor ETF were worth $751,000 at the end of the most recent quarter.

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

iShares Semiconductor ETF Stock Up 1.0 %

NASDAQ SOXX opened at $216.40 on Wednesday. The firm has a market cap of $13.45 billion, a PE ratio of 10.60 and a beta of 1.34. The company has a 50 day moving average price of $220.68 and a 200 day moving average price of $222.91. iShares Semiconductor ETF has a 52 week low of $192.87 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders 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).