iShares Semiconductor ETF $SOXX Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd trimmed its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 45.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,918 shares of the exchange traded fund’s stock after selling 3,215 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Semiconductor ETF were worth $1,180,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXX. Barnes Dennig Private Wealth Management LLC acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth about $25,000. Financial Consulate Inc. acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth about $34,000. Strategic Advocates LLC acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth about $35,000. Wellington Shields & Co. LLC acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth about $41,000. Finally, Optima Capital LLC acquired a new stake in iShares Semiconductor ETF during the 4th quarter worth about $41,000.

iShares Semiconductor ETF Stock Up 2.6%

SOXX stock opened at $431.77 on Thursday. The company’s 50-day simple moving average is $355.77 and its 200-day simple moving average is $325.76. iShares Semiconductor ETF has a 52-week low of $172.35 and a 52-week high of $432.16. The firm has a market cap of $29.25 billion, a P/E ratio of 31.84 and a beta of 1.53.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.2079 per share. This represents a $0.83 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 17th.

iShares Semiconductor ETF Company 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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.