Cadent Capital Advisors LLC Lowers Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Cadent Capital Advisors LLC trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 91.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,026 shares of the exchange traded fund’s stock after selling 32,889 shares during the quarter. Cadent Capital Advisors LLC’s holdings in iShares Semiconductor ETF were worth $652,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SOXX. Patriot Investment Management Group Inc. increased its stake in iShares Semiconductor ETF by 1.7% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 2,702 shares of the exchange traded fund’s stock worth $623,000 after buying an additional 45 shares during the period. Clear Investment Research LLC boosted its stake in shares of iShares Semiconductor ETF by 13.2% during the 2nd quarter. Clear Investment Research LLC now owns 411 shares of the exchange traded fund’s stock valued at $101,000 after buying an additional 48 shares during the last quarter. Integrity Financial Corp WA grew its position in shares of iShares Semiconductor ETF by 34.4% during the third quarter. Integrity Financial Corp WA now owns 207 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 53 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in shares of iShares Semiconductor ETF by 4.9% in the third quarter. Signature Estate & Investment Advisors LLC now owns 1,127 shares of the exchange traded fund’s stock worth $260,000 after buying an additional 53 shares during the last quarter. Finally, KCM Investment Advisors LLC boosted its stake in iShares Semiconductor ETF by 3.5% during the 3rd quarter. KCM Investment Advisors LLC now owns 1,740 shares of the exchange traded fund’s stock valued at $401,000 after acquiring an additional 59 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of iShares Semiconductor ETF stock traded down $1.64 during trading on Monday, reaching $216.56. The company had a trading volume of 1,353,827 shares, compared to its average volume of 3,055,715. The company has a market cap of $14.07 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a fifty-two week low of $183.54 and a fifty-two week high of $267.24. The firm’s fifty day moving average is $219.73 and its 200-day moving average is $226.52.

iShares Semiconductor ETF Cuts Dividend

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

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).