HighTower Advisors LLC Sells 8,680 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

HighTower Advisors LLC lowered its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.2% in the third quarter, HoldingsChannel.com reports. The fund owned 157,628 shares of the exchange traded fund’s stock after selling 8,680 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Semiconductor ETF were worth $36,406,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SOXX. Mather Group LLC. raised its stake in shares of iShares Semiconductor ETF by 1,987.5% in the second quarter. Mather Group LLC. now owns 334 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 318 shares during the last quarter. CWM LLC raised its stake in shares of iShares Semiconductor ETF by 28.9% in the second quarter. CWM LLC now owns 4,622 shares of the exchange traded fund’s stock valued at $1,140,000 after acquiring an additional 1,035 shares during the last quarter. Csenge Advisory Group raised its stake in shares of iShares Semiconductor ETF by 40.5% in the second quarter. Csenge Advisory Group now owns 3,868 shares of the exchange traded fund’s stock valued at $954,000 after acquiring an additional 1,114 shares during the last quarter. Avondale Wealth Management raised its stake in shares of iShares Semiconductor ETF by 316.3% in the second quarter. Avondale Wealth Management now owns 1,711 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Lion Street Advisors LLC bought a new position in shares of iShares Semiconductor ETF in the second quarter valued at approximately $273,000.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $222.72 on Thursday. The company has a 50 day moving average price of $224.86 and a 200 day moving average price of $230.96. iShares Semiconductor ETF has a fifty-two week low of $167.72 and a fifty-two week high of $267.24. The stock has a market capitalization of $14.29 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $0.5524 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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).