Florin Court Capital LLP Sells 1,700 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Florin Court Capital LLP cut its position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 45.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,000 shares of the exchange traded fund’s stock after selling 1,700 shares during the period. iShares Semiconductor ETF makes up about 0.4% of Florin Court Capital LLP’s portfolio, making the stock its 26th biggest holding. Florin Court Capital LLP’s holdings in iShares Semiconductor ETF were worth $431,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXX. JPMorgan Chase & Co. raised its position in iShares Semiconductor ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 1,244,540 shares of the exchange traded fund’s stock valued at $286,979,000 after purchasing an additional 24,055 shares during the period. D.A. Davidson & CO. raised its position in iShares Semiconductor ETF by 15.3% during the third quarter. D.A. Davidson & CO. now owns 4,618 shares of the exchange traded fund’s stock valued at $1,065,000 after purchasing an additional 613 shares during the period. International Assets Investment Management LLC raised its position in iShares Semiconductor ETF by 410,509.7% during the third quarter. International Assets Investment Management LLC now owns 15,225,408 shares of the exchange traded fund’s stock valued at $3,510,827,000 after purchasing an additional 15,221,700 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its position in iShares Semiconductor ETF by 47.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,960,000 shares of the exchange traded fund’s stock valued at $682,546,000 after purchasing an additional 950,000 shares during the period. Finally, Quantbot Technologies LP raised its position in iShares Semiconductor ETF by 74.5% during the third quarter. Quantbot Technologies LP now owns 1,806 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 771 shares during the period.

iShares Semiconductor ETF Price Performance

Shares of SOXX stock opened at $231.07 on Friday. iShares Semiconductor ETF has a 1 year low of $192.87 and a 1 year high of $267.24. The stock’s 50 day simple moving average is $221.96 and its two-hundred day simple moving average is $222.54. The company has a market cap of $14.30 billion, a PE ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

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).