Synovus Financial Corp Has $774,000 Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Synovus Financial Corp lessened its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,358 shares of the exchange traded fund’s stock after selling 177 shares during the quarter. Synovus Financial Corp’s holdings in iShares Semiconductor ETF were worth $774,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. D.A. Davidson & CO. increased its holdings in iShares Semiconductor ETF by 15.3% in 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 buying an additional 613 shares during the period. International Assets Investment Management LLC grew its holdings in shares of 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 during the last quarter. Lokken Investment Group LLC grew its holdings in shares of iShares Semiconductor ETF by 20.8% during the 2nd quarter. Lokken Investment Group LLC now owns 7,196 shares of the exchange traded fund’s stock valued at $1,775,000 after purchasing an additional 1,240 shares during the last quarter. Bright Financial Advisors Inc. bought a new stake in shares of iShares Semiconductor ETF during the 2nd quarter valued at approximately $756,000. Finally, Beaumont Financial Advisors LLC boosted its position in iShares Semiconductor ETF by 2.1% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 3,545 shares of the exchange traded fund’s stock worth $818,000 after buying an additional 73 shares during the period.

iShares Semiconductor ETF Price Performance

NASDAQ:SOXX opened at $223.87 on Wednesday. The company has a market cap of $14.36 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a one year low of $177.88 and a one year high of $267.24. The firm’s 50 day simple moving average is $223.20 and its 200 day simple moving average is $229.97.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th will be given a $0.3578 dividend. The ex-dividend date is 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).