The Manufacturers Life Insurance Company Cuts Stake in iShares Semiconductor ETF (NASDAQ:SOXX)

The Manufacturers Life Insurance Company reduced its stake in iShares Semiconductor ETF (NASDAQ:SOXX) by 55.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,881 shares of the exchange traded fund’s stock after selling 3,598 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares Semiconductor ETF were worth $664,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Global Trust Asset Management LLC purchased a new stake in shares of iShares Semiconductor ETF in the third quarter worth $27,000. Transcendent Capital Group LLC purchased a new stake in shares of iShares Semiconductor ETF in the second quarter worth $31,000. EverSource Wealth Advisors LLC boosted its position in shares of iShares Semiconductor ETF by 84.0% during the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 63 shares during the last quarter. Cultivar Capital Inc. purchased a new stake in shares of iShares Semiconductor ETF during the second quarter valued at $37,000. Finally, Truvestments Capital LLC purchased a new stake in shares of iShares Semiconductor ETF during the third quarter valued at $35,000.

iShares Semiconductor ETF Price Performance

iShares Semiconductor ETF stock opened at $223.30 on Friday. iShares Semiconductor ETF has a one year low of $177.88 and a one year high of $267.24. The stock has a market capitalization of $14.32 billion, a PE ratio of 10.60 and a beta of 1.34. The business’s fifty day moving average is $223.26 and its 200 day moving average is $230.17.

iShares Semiconductor ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.5524 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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).