Essex Financial Services Inc. Reduces Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Essex Financial Services Inc. cut its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,413 shares of the exchange traded fund’s stock after selling 130 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares Semiconductor ETF were worth $1,598,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of iShares Semiconductor ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock valued at $286,979,000 after acquiring an additional 24,055 shares in the last quarter. D.A. Davidson & CO. increased its stake in iShares Semiconductor ETF by 15.3% during the 3rd quarter. D.A. Davidson & CO. now owns 4,618 shares of the exchange traded fund’s stock valued at $1,065,000 after purchasing an additional 613 shares in the last quarter. International Assets Investment Management LLC increased its stake in iShares Semiconductor ETF by 410,509.7% during the 3rd quarter. International Assets Investment Management LLC now owns 15,225,408 shares of the exchange traded fund’s stock valued at $3,510,827,000 after purchasing an additional 15,221,700 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of iShares Semiconductor ETF by 47.3% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock worth $682,546,000 after buying an additional 950,000 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new stake in shares of iShares Semiconductor ETF during the second quarter worth $291,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $219.90 on Wednesday. The company’s fifty day moving average price is $221.00 and its 200-day moving average price is $222.45. 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 $13.61 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.3578 per share. The ex-dividend date was Tuesday, December 17th.

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).