Cadent Capital Advisors LLC Sells 27,901 Shares of iShares Semiconductor ETF $SOXX

Cadent Capital Advisors LLC lessened its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 56.4% during the third quarter, Holdings Channel reports. The fund owned 21,559 shares of the exchange traded fund’s stock after selling 27,901 shares during the period. iShares Semiconductor ETF makes up 2.7% of Cadent Capital Advisors LLC’s holdings, making the stock its 8th largest holding. Cadent Capital Advisors LLC’s holdings in iShares Semiconductor ETF were worth $12,259,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Highland Investment Advisors LLC bought a new stake in iShares Semiconductor ETF in the 2nd quarter valued at $40,000. Triumph Capital Management boosted its position in shares of iShares Semiconductor ETF by 44.4% in the second quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in iShares Semiconductor ETF by 245.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 49 shares during the period. Atomic Invest LLC raised its stake in iShares Semiconductor ETF by 108.1% in the 2nd quarter. Atomic Invest LLC now owns 77 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 40 shares in the last quarter. Finally, Go Invest LLC bought a new stake in iShares Semiconductor ETF in the 3rd quarter valued at about $45,000.

iShares Semiconductor ETF Stock Down 0.8%

Shares of SOXX traded down $4.49 during mid-day trading on Friday, hitting $558.79. 3,364,011 shares of the company’s stock were exchanged, compared to its average volume of 8,196,722. iShares Semiconductor ETF has a 52 week low of $260.44 and a 52 week high of $655.95. The stock’s 50-day simple moving average is $536.56 and its 200-day simple moving average is $515.36. The firm has a market cap of $46.32 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF shares are set to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a $0.3250 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.30 annualized dividend and a yield of 0.2%. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

iShares Semiconductor ETF Company 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). 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.