Raymond James Trust N.A. Sells 578 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Raymond James Trust N.A. lowered its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 24.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,779 shares of the exchange traded fund’s stock after selling 578 shares during the period. Raymond James Trust N.A.’s holdings in iShares Semiconductor ETF were worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SOXX. Activest Wealth Management lifted its holdings in shares of iShares Semiconductor ETF by 71.7% during the third quarter. Activest Wealth Management now owns 4,219 shares of the exchange traded fund’s stock valued at $973,000 after purchasing an additional 1,762 shares during the last quarter. Moors & Cabot Inc. purchased a new position in iShares Semiconductor ETF during the third quarter valued at $315,000. Commerce Bank boosted its holdings in iShares Semiconductor ETF by 0.4% in the third quarter. Commerce Bank now owns 47,713 shares of the exchange traded fund’s stock worth $11,002,000 after acquiring an additional 204 shares in the last quarter. Lowery Thomas LLC grew its stake in shares of iShares Semiconductor ETF by 8.9% in the third quarter. Lowery Thomas LLC now owns 947 shares of the exchange traded fund’s stock worth $218,000 after acquiring an additional 77 shares during the last quarter. Finally, Wharton Business Group LLC purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth about $19,113,000.

iShares Semiconductor ETF Price Performance

Shares of iShares Semiconductor ETF stock opened at $215.45 on Wednesday. iShares Semiconductor ETF has a 1 year low of $167.64 and a 1 year high of $267.24. The firm’s 50-day moving average is $225.84 and its 200 day moving average is $231.41. The stock has a market cap of $13.82 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $0.5524 dividend. The ex-dividend date was Wednesday, September 25th.

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).