Scotia Capital Inc. Reduces Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Scotia Capital Inc. cut its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 26.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,863 shares of the exchange traded fund’s stock after selling 4,248 shares during the period. Scotia Capital Inc.’s holdings in iShares Semiconductor ETF were worth $2,556,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SOXX. Compass Financial Services Inc acquired a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth about $25,000. Hopwood Financial Services Inc. acquired a new position in iShares Semiconductor ETF during the fourth quarter worth approximately $30,000. Morse Asset Management Inc purchased a new stake in iShares Semiconductor ETF in the third quarter valued at approximately $42,000. AlphaMark Advisors LLC purchased a new stake in iShares Semiconductor ETF in the fourth quarter valued at approximately $42,000. Finally, Roxbury Financial LLC acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $53,000.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $172.26 on Friday. The firm’s fifty day simple moving average is $200.57 and its 200-day simple moving average is $215.29. iShares Semiconductor ETF has a 12 month low of $148.31 and a 12 month high of $267.24. The stock has a market capitalization of $10.32 billion, a price-to-earnings ratio of 22.52 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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

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).