Bank of Montreal Can Sells 67,699 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Bank of Montreal Can decreased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 58.9% during the third quarter, HoldingsChannel.com reports. The fund owned 47,233 shares of the exchange traded fund’s stock after selling 67,699 shares during the period. Bank of Montreal Can’s holdings in iShares Semiconductor ETF were worth $10,990,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Global Trust Asset Management LLC bought a new position in shares of iShares Semiconductor ETF in the third quarter valued at approximately $27,000. Transcendent Capital Group LLC acquired a new position in iShares Semiconductor ETF in the 2nd quarter valued at $31,000. EverSource Wealth Advisors LLC raised its holdings in iShares Semiconductor ETF by 84.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 63 shares during the period. Truvestments Capital LLC acquired a new position in iShares Semiconductor ETF during the 3rd quarter worth $35,000. Finally, Cultivar Capital Inc. bought a new stake in iShares Semiconductor ETF during the second quarter valued at about $37,000.

iShares Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXX opened at $215.40 on Monday. The stock’s 50-day moving average is $225.19 and its 200-day moving average is $231.13. The company has a market cap of $13.82 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52-week low of $167.64 and a 52-week high of $267.24.

iShares Semiconductor ETF Announces Dividend

The firm also recently announced 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.

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).