Well Done LLC Trims Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Well Done LLC trimmed its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 95.3% during the third quarter, Holdings Channel reports. The institutional investor owned 1,069 shares of the exchange traded fund’s stock after selling 21,864 shares during the period. Well Done LLC’s holdings in iShares Semiconductor ETF were worth $247,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SOXX. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in iShares Semiconductor ETF by 737.5% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,010,000 shares of the exchange traded fund’s stock worth $495,726,000 after buying an additional 1,770,000 shares during the last quarter. BNP Paribas Financial Markets grew its stake in iShares Semiconductor ETF by 354.2% during the first quarter. BNP Paribas Financial Markets now owns 1,427,465 shares of the exchange traded fund’s stock worth $322,493,000 after buying an additional 1,113,176 shares during the period. Global Assets Advisory LLC acquired a new stake in shares of iShares Semiconductor ETF in the first quarter worth $107,385,000. Strategic Financial Concepts LLC raised its stake in shares of iShares Semiconductor ETF by 14,795.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 264,988 shares of the exchange traded fund’s stock valued at $654,000 after acquiring an additional 263,209 shares during the period. Finally, Mirae Asset Securities USA Inc. acquired a new stake in iShares Semiconductor ETF in the 2nd quarter valued at $61,658,000.

iShares Semiconductor ETF Stock Up 0.4 %

Shares of SOXX traded up $1.02 during trading on Friday, reaching $230.17. The company’s stock had a trading volume of 399,853 shares, compared to its average volume of 3,810,544. The company has a fifty day moving average of $225.57 and a two-hundred day moving average of $229.89. iShares Semiconductor ETF has a twelve month low of $144.40 and a twelve month high of $267.24. The company has a market cap of $14.52 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Dividend Announcement

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