iShares Semiconductor ETF $SOXX Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC lessened its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 66.7% during the third quarter, Holdings Channel.com reports. The fund owned 2,901 shares of the exchange traded fund’s stock after selling 5,815 shares during the period. VestGen Advisors LLC’s holdings in iShares Semiconductor ETF were worth $1,650,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SOXX. Bank of America Corp DE raised its stake in shares of iShares Semiconductor ETF by 20.9% during the first quarter. Bank of America Corp DE now owns 3,115,278 shares of the exchange traded fund’s stock valued at $1,023,867,000 after acquiring an additional 538,125 shares during the last quarter. Bank of Nova Scotia grew its stake in shares of iShares Semiconductor ETF by 88.5% in the first quarter. Bank of Nova Scotia now owns 851,229 shares of the exchange traded fund’s stock worth $279,766,000 after purchasing an additional 399,612 shares during the last quarter. Royal Bank of Canada grew its stake in shares of iShares Semiconductor ETF by 28.3% in the first quarter. Royal Bank of Canada now owns 433,384 shares of the exchange traded fund’s stock worth $142,437,000 after purchasing an additional 95,669 shares during the last quarter. Noked Israel Ltd bought a new stake in shares of iShares Semiconductor ETF in the first quarter worth about $114,725,000. Finally, Cetera Investment Advisers grew its stake in shares of iShares Semiconductor ETF by 7.1% in the first quarter. Cetera Investment Advisers now owns 181,101 shares of the exchange traded fund’s stock worth $59,521,000 after purchasing an additional 11,947 shares during the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $471.51 on Friday. iShares Semiconductor ETF has a 1 year low of $260.44 and a 1 year high of $655.95. The company has a market cap of $44.42 billion, a PE ratio of 31.84 and a beta of 1.80. The stock’s 50-day moving average is $529.13 and its 200 day moving average is $474.88.

iShares Semiconductor ETF’s stock is going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.3250 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

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). 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.