Brown Brothers Harriman & Co. Reduces Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Brown Brothers Harriman & Co. decreased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 11.9% during the third quarter, HoldingsChannel.com reports. The firm owned 774 shares of the exchange traded fund’s stock after selling 105 shares during the period. Brown Brothers Harriman & Co.’s holdings in iShares Semiconductor ETF were worth $178,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SOXX. Cerity Partners LLC raised its holdings in shares of iShares Semiconductor ETF by 43.4% in the 3rd quarter. Cerity Partners LLC now owns 6,151 shares of the exchange traded fund’s stock valued at $1,418,000 after acquiring an additional 1,863 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in shares of iShares Semiconductor ETF by 8.8% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 5,979 shares of the exchange traded fund’s stock valued at $1,379,000 after acquiring an additional 486 shares in the last quarter. Flagstar Advisors Inc. raised its holdings in shares of iShares Semiconductor ETF by 58.2% in the 3rd quarter. Flagstar Advisors Inc. now owns 2,633 shares of the exchange traded fund’s stock valued at $607,000 after acquiring an additional 969 shares in the last quarter. Nwam LLC purchased a new stake in shares of iShares Semiconductor ETF in the 3rd quarter valued at about $282,000. Finally, Meridian Wealth Management LLC purchased a new stake in shares of iShares Semiconductor ETF in the 3rd quarter valued at about $7,774,000.

iShares Semiconductor ETF Stock Down 1.3 %

NASDAQ:SOXX opened at $212.56 on Thursday. The business’s 50-day moving average price is $225.74 and its two-hundred day moving average price is $231.38. iShares Semiconductor ETF has a twelve month low of $167.64 and a twelve month high of $267.24. The stock has a market cap of $13.64 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $0.5524 dividend. The ex-dividend date was Wednesday, September 25th.

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).