Sovran Advisors LLC Invests $462,000 in iShares Semiconductor ETF (NASDAQ:SOXX)

Sovran Advisors LLC acquired a new stake in iShares Semiconductor ETF (NASDAQ:SOXX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,112 shares of the exchange traded fund’s stock, valued at approximately $462,000.

Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its position in shares of iShares Semiconductor ETF by 410,509.7% during the third quarter. International Assets Investment Management LLC now owns 15,225,408 shares of the exchange traded fund’s stock worth $3,510,827,000 after purchasing an additional 15,221,700 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of iShares Semiconductor ETF by 47.3% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock worth $682,546,000 after acquiring an additional 950,000 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Semiconductor ETF by 2.0% in the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock worth $286,979,000 after acquiring an additional 24,055 shares in the last quarter. Barclays PLC grew its stake in shares of iShares Semiconductor ETF by 24.3% in the third quarter. Barclays PLC now owns 426,035 shares of the exchange traded fund’s stock worth $98,239,000 after acquiring an additional 83,163 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. grew its stake in shares of iShares Semiconductor ETF by 60.0% in the third quarter. Mirae Asset Securities USA Inc. now owns 400,000 shares of the exchange traded fund’s stock worth $92,236,000 after acquiring an additional 150,000 shares in the last quarter.

iShares Semiconductor ETF Trading Up 0.1 %

NASDAQ:SOXX opened at $220.14 on Thursday. The firm has a market cap of $13.63 billion, a PE ratio of 10.60 and a beta of 1.34. The stock has a fifty day moving average price of $220.95 and a 200 day moving average price of $222.37. iShares Semiconductor ETF has a 12-month low of $192.87 and a 12-month high of $267.24.

iShares Semiconductor ETF Cuts Dividend

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