Mirae Asset Global Investments Co. Ltd. Sells 19,609 Shares of iShares Semiconductor ETF $SOXX

Mirae Asset Global Investments Co. Ltd. lowered its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 35.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,366 shares of the exchange traded fund’s stock after selling 19,609 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.07% of iShares Semiconductor ETF worth $9,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Barnes Dennig Private Wealth Management LLC bought a new position in iShares Semiconductor ETF during the 3rd quarter valued at about $25,000. Financial Consulate Inc. purchased a new position in shares of iShares Semiconductor ETF during the third quarter valued at approximately $34,000. GFG Capital LLC purchased a new position in shares of iShares Semiconductor ETF during the second quarter valued at approximately $32,000. Johnson Financial Group Inc. bought a new position in iShares Semiconductor ETF during the second quarter valued at approximately $32,000. Finally, Blue Trust Inc. boosted its holdings in iShares Semiconductor ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 44 shares during the last quarter.

iShares Semiconductor ETF Trading Down 4.1%

Shares of SOXX opened at $346.30 on Friday. The firm has a fifty day simple moving average of $316.55 and a two-hundred day simple moving average of $283.91. The firm has a market cap of $20.73 billion, a PE ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 1-year low of $148.31 and a 1-year high of $363.80.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $0.4363 dividend. This represents a $1.75 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, December 16th.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.