Avitas Wealth Management LLC Sells 316 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Avitas Wealth Management LLC cut its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 5.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,046 shares of the exchange traded fund’s stock after selling 316 shares during the quarter. Avitas Wealth Management LLC’s holdings in iShares Semiconductor ETF were worth $1,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SOXX. Global Trust Asset Management LLC purchased a new stake in iShares Semiconductor ETF during the third quarter valued at $27,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Semiconductor ETF during the 3rd quarter valued at about $33,000. Truvestments Capital LLC bought a new position in shares of iShares Semiconductor ETF in the 3rd quarter worth approximately $35,000. Hollencrest Capital Management boosted its holdings in shares of iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 60 shares during the last quarter. Finally, Morse Asset Management Inc bought a new stake in iShares Semiconductor ETF during the third quarter valued at approximately $42,000.

iShares Semiconductor ETF Trading Up 1.0 %

SOXX opened at $216.40 on Wednesday. The firm’s 50 day simple moving average is $220.68 and its two-hundred day simple moving average is $222.91. The company has a market capitalization of $13.45 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 1-year low of $192.87 and a 1-year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

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