SPC Financial Inc. Decreases Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

SPC Financial Inc. reduced its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 83.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,827 shares of the exchange traded fund’s stock after selling 24,349 shares during the quarter. SPC Financial Inc.’s holdings in iShares Semiconductor ETF were worth $1,040,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in SOXX. Compass Financial Services Inc acquired a new position in iShares Semiconductor ETF in the fourth quarter valued at approximately $25,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Semiconductor ETF during the 3rd quarter worth approximately $33,000. Truvestments Capital LLC acquired a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at $35,000. Hollencrest Capital Management grew its position in shares of iShares Semiconductor ETF by 56.1% in the 3rd quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 60 shares during the last quarter. Finally, Morse Asset Management Inc purchased a new position in shares of iShares Semiconductor ETF in the 3rd quarter valued at $42,000.

iShares Semiconductor ETF Price Performance

Shares of SOXX opened at $202.27 on Wednesday. iShares Semiconductor ETF has a 1-year low of $192.87 and a 1-year high of $267.24. The stock has a market cap of $12.52 billion, a PE ratio of 30.63 and a beta of 1.34. The firm has a fifty day moving average price of $220.56 and a 200 day moving average price of $222.44.

iShares Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. 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).