Mesirow Financial Investment Management Inc. Decreases Position in iShares Semiconductor ETF $SOXX

Mesirow Financial Investment Management Inc. decreased its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 19.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,421 shares of the exchange traded fund’s stock after selling 1,588 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in iShares Semiconductor ETF were worth $1,934,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. BOKF NA acquired a new stake in shares of iShares Semiconductor ETF in the fourth quarter valued at $30,000. Strategic Advocates LLC acquired a new position in iShares Semiconductor ETF during the 3rd quarter worth $35,000. Wellington Shields & Co. LLC acquired a new position in iShares Semiconductor ETF during the 3rd quarter worth $41,000. Optima Capital LLC purchased a new stake in iShares Semiconductor ETF during the 4th quarter worth about $41,000. Finally, Garner Asset Management Corp purchased a new stake in iShares Semiconductor ETF during the 4th quarter worth about $45,000.

iShares Semiconductor ETF Price Performance

SOXX stock opened at $530.03 on Friday. The business’s 50-day moving average is $392.70 and its two-hundred day moving average is $345.73. The firm has a market capitalization of $34.35 billion, a P/E ratio of 31.84 and a beta of 1.75. iShares Semiconductor ETF has a 1 year low of $199.93 and a 1 year high of $533.74.

iShares Semiconductor ETF Cuts Dividend

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