Dakota Wealth Management Lowers Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Dakota Wealth Management reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 11.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,149 shares of the exchange traded fund’s stock after selling 150 shares during the quarter. Dakota Wealth Management’s holdings in iShares Semiconductor ETF were worth $248,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Trust Asset Management LLC bought a new stake in shares of iShares Semiconductor ETF in the third quarter worth about $27,000. EverSource Wealth Advisors LLC lifted its holdings in iShares Semiconductor ETF by 84.0% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 63 shares during the period. RPg Family Wealth Advisory LLC purchased a new stake in iShares Semiconductor ETF in the third quarter worth about $33,000. Truvestments Capital LLC purchased a new stake in iShares Semiconductor ETF in the third quarter worth about $35,000. Finally, Hollencrest Capital Management lifted its holdings in iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 60 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $230.64 on Monday. The company has a 50-day simple moving average of $220.66 and a two-hundred day simple moving average of $224.70. iShares Semiconductor ETF has a one year low of $192.87 and a one year high of $267.24. The firm has a market capitalization of $14.54 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

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

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).