OVERSEA CHINESE BANKING Corp Ltd Sells 5,290 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

OVERSEA CHINESE BANKING Corp Ltd lessened its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 37.2% during the fourth quarter, Holdings Channel reports. The fund owned 8,940 shares of the exchange traded fund’s stock after selling 5,290 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Semiconductor ETF were worth $1,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Brooklyn FI LLC bought a new stake in iShares Semiconductor ETF in the 4th quarter valued at $9,423,000. Thrivent Financial for Lutherans increased its position in iShares Semiconductor ETF by 6.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 28,187 shares of the exchange traded fund’s stock worth $6,129,000 after buying an additional 1,634 shares during the period. Flagship Wealth Advisors LLC acquired a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth $200,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of iShares Semiconductor ETF by 4.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 11,182 shares of the exchange traded fund’s stock worth $2,410,000 after buying an additional 522 shares in the last quarter. Finally, GWN Securities Inc. acquired a new stake in shares of iShares Semiconductor ETF during the fourth quarter worth $300,000.

iShares Semiconductor ETF Stock Performance

SOXX opened at $203.11 on Thursday. iShares Semiconductor ETF has a fifty-two week low of $189.11 and a fifty-two week high of $267.24. The company has a market capitalization of $11.75 billion, a P/E ratio of 28.79 and a beta of 1.34. The stock has a fifty day moving average of $215.80 and a 200-day moving average of $220.14.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.2611 per share. The ex-dividend date is Tuesday, March 18th.

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).