JPMorgan Chase & Co. Decreases Stock Position in iShares Semiconductor ETF (NASDAQ:SOXX)

JPMorgan Chase & Co. trimmed its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 10.7% during the 4th quarter, HoldingsChannel reports. The firm owned 1,111,330 shares of the exchange traded fund’s stock after selling 133,210 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Semiconductor ETF were worth $239,481,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SOXX. Compass Financial Services Inc purchased a new position in iShares Semiconductor ETF during the 4th quarter valued at approximately $25,000. Hopwood Financial Services Inc. purchased a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at $30,000. Morse Asset Management Inc bought a new stake in iShares Semiconductor ETF in the third quarter worth $42,000. AlphaMark Advisors LLC purchased a new stake in iShares Semiconductor ETF during the fourth quarter valued at $42,000. Finally, Roxbury Financial LLC bought a new position in iShares Semiconductor ETF during the fourth quarter valued at $53,000.

iShares Semiconductor ETF Stock Down 0.3 %

iShares Semiconductor ETF stock opened at $188.17 on Tuesday. iShares Semiconductor ETF has a twelve month low of $182.12 and a twelve month high of $267.24. The company’s 50-day moving average price is $211.71 and its 200-day moving average price is $219.21. The company has a market cap of $11.65 billion, a PE ratio of 28.79 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a dividend of $0.2611 per share. The ex-dividend date was Tuesday, March 18th.

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).