StoneCrest Wealth Management Inc. Sells 140 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

StoneCrest Wealth Management Inc. decreased its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 3.7% during the fourth quarter, Holdings Channel reports. The fund owned 3,637 shares of the exchange traded fund’s stock after selling 140 shares during the period. StoneCrest Wealth Management Inc.’s holdings in iShares Semiconductor ETF were worth $784,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cvfg LLC purchased a new stake in iShares Semiconductor ETF during the fourth quarter valued at approximately $428,000. Carnegie Investment Counsel grew its position in shares of iShares Semiconductor ETF by 26.2% during the 4th quarter. Carnegie Investment Counsel now owns 2,904 shares of the exchange traded fund’s stock valued at $626,000 after acquiring an additional 603 shares during the period. Cordant Inc. purchased a new stake in shares of iShares Semiconductor ETF in the 4th quarter worth $65,000. Park Avenue Securities LLC raised its holdings in iShares Semiconductor ETF by 26.0% in the 4th quarter. Park Avenue Securities LLC now owns 15,840 shares of the exchange traded fund’s stock worth $3,413,000 after purchasing an additional 3,272 shares during the period. Finally, Pines Wealth Management LLC purchased a new position in iShares Semiconductor ETF during the fourth quarter valued at $471,000.

iShares Semiconductor ETF Stock Performance

NASDAQ:SOXX opened at $223.54 on Friday. The stock has a 50-day simple moving average of $219.35 and a two-hundred day simple moving average of $226.10. The firm has a market capitalization of $14.56 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52-week low of $183.54 and a 52-week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 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).