Citigroup Inc. Trims Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

Citigroup Inc. trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 32.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,052 shares of the exchange traded fund’s stock after selling 64,856 shares during the quarter. Citigroup Inc. owned 0.21% of iShares Semiconductor ETF worth $31,603,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Global Trust Asset Management LLC purchased a new stake in iShares Semiconductor ETF in the third quarter worth about $27,000. Transcendent Capital Group LLC bought a new stake in shares of iShares Semiconductor ETF in the 2nd quarter valued at about $31,000. EverSource Wealth Advisors LLC raised its holdings in shares of iShares Semiconductor ETF by 84.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 63 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of iShares Semiconductor ETF in the 1st quarter worth approximately $33,000. Finally, Cultivar Capital Inc. bought a new position in shares of iShares Semiconductor ETF during the second quarter valued at approximately $37,000.

iShares Semiconductor ETF Stock Up 1.0 %

Shares of SOXX stock opened at $218.28 on Tuesday. The company’s 50 day moving average is $225.87 and its 200 day moving average is $231.41. The firm has a market cap of $14.00 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52-week low of $167.64 and a 52-week high of $267.24.

iShares Semiconductor ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $0.5524 dividend. 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).