Montag A & Associates Inc. Lowers Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Montag A & Associates Inc. reduced its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 55.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,768 shares of the exchange traded fund’s stock after selling 24,234 shares during the quarter. Montag A & Associates Inc.’s holdings in iShares Semiconductor ETF were worth $4,260,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SOXX. Compass Financial Services Inc acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter worth about $25,000. Global Trust Asset Management LLC acquired a new position in iShares Semiconductor ETF in the 3rd quarter worth about $27,000. RPg Family Wealth Advisory LLC purchased a new position in iShares Semiconductor ETF during the third quarter worth approximately $33,000. Truvestments Capital LLC acquired a new stake in iShares Semiconductor ETF in the third quarter valued at approximately $35,000. Finally, Hollencrest Capital Management increased its position in shares of iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 60 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX opened at $223.07 on Friday. The business’s 50 day moving average price is $221.10 and its 200-day moving average price is $222.34. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24. The firm has a market capitalization of $13.81 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders 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 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).