Stonebridge Financial Planning Group LLC Reduces Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Stonebridge Financial Planning Group LLC trimmed its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,202 shares of the exchange traded fund’s stock after selling 399 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in iShares Semiconductor ETF were worth $1,891,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in iShares Semiconductor ETF during the 3rd quarter valued at $27,000. Transcendent Capital Group LLC purchased a new position in shares of iShares Semiconductor ETF during the 2nd quarter valued at $31,000. EverSource Wealth Advisors LLC raised its position in iShares Semiconductor ETF by 84.0% during the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 63 shares in the last quarter. LRI Investments LLC bought a new position in iShares Semiconductor ETF during the first quarter worth $33,000. Finally, Cultivar Capital Inc. acquired a new stake in iShares Semiconductor ETF during the second quarter worth about $37,000.

iShares Semiconductor ETF Stock Down 1.1 %

NASDAQ:SOXX traded down $2.30 on Wednesday, reaching $212.05. The stock had a trading volume of 278,849 shares, compared to its average volume of 3,710,762. The stock has a fifty day moving average price of $226.12 and a 200-day moving average price of $231.52. The company has a market capitalization of $13.60 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $167.64 and a 1-year high of $267.24.

iShares Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a dividend of $0.5524 per share. The ex-dividend date was Wednesday, September 25th.

About iShares Semiconductor ETF

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).