Synovus Financial Corp Sells 177 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Synovus Financial Corp lessened its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 5.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,358 shares of the exchange traded fund’s stock after selling 177 shares during the period. Synovus Financial Corp’s holdings in iShares Semiconductor ETF were worth $774,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth $92,000. Anchor Investment Management LLC increased its position in shares of iShares Semiconductor ETF by 5.6% during the third quarter. Anchor Investment Management LLC now owns 17,232 shares of the exchange traded fund’s stock worth $3,974,000 after acquiring an additional 920 shares in the last quarter. Tudor Financial Inc. bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth $919,000. Rehmann Capital Advisory Group bought a new stake in shares of iShares Semiconductor ETF during the third quarter worth $342,000. Finally, Virtue Capital Management LLC increased its position in shares of iShares Semiconductor ETF by 68.9% during the third quarter. Virtue Capital Management LLC now owns 1,990 shares of the exchange traded fund’s stock worth $459,000 after acquiring an additional 812 shares in the last quarter.

iShares Semiconductor ETF Stock Down 1.4 %

Shares of SOXX stock opened at $223.87 on Wednesday. The firm has a fifty day moving average of $223.20 and a 200-day moving average of $229.97. iShares Semiconductor ETF has a 12-month low of $177.88 and a 12-month high of $267.24. The company has a market capitalization of $14.36 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 17th will be given a $0.3578 dividend. The ex-dividend date of this dividend is Tuesday, December 17th.

iShares Semiconductor ETF 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).