iShares Semiconductor ETF (NASDAQ:SOXX) Shares Sold by Spreng Capital Management Inc.

Spreng Capital Management Inc. trimmed its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,255 shares of the exchange traded fund’s stock after selling 75 shares during the quarter. Spreng Capital Management Inc.’s holdings in iShares Semiconductor ETF were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SOXX. Clal Insurance Enterprises Holdings Ltd bought a new position in iShares Semiconductor ETF during the fourth quarter valued at about $289,403,000. JPMorgan Chase & Co. grew its stake in shares of iShares Semiconductor ETF by 2.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock worth $286,979,000 after purchasing an additional 24,055 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares Semiconductor ETF by 2.8% in the 4th quarter. LPL Financial LLC now owns 786,645 shares of the exchange traded fund’s stock worth $169,514,000 after purchasing an additional 21,341 shares in the last quarter. Barclays PLC lifted its stake in iShares Semiconductor ETF by 24.3% during the third quarter. Barclays PLC now owns 426,035 shares of the exchange traded fund’s stock valued at $98,239,000 after purchasing an additional 83,163 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth $69,622,000.

iShares Semiconductor ETF Stock Down 4.0 %

NASDAQ:SOXX opened at $154.86 on Wednesday. The stock has a fifty day simple moving average of $203.75 and a 200 day simple moving average of $216.59. The firm has a market capitalization of $8.91 billion, a price-to-earnings ratio of 22.52 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a $0.2611 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

iShares Semiconductor ETF 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).