Capital Investment Counsel LLC Reduces Position in iShares Semiconductor ETF (NASDAQ:SOXX)

Capital Investment Counsel LLC trimmed its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 1.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,669 shares of the exchange traded fund’s stock after selling 839 shares during the period. iShares Semiconductor ETF accounts for about 1.6% of Capital Investment Counsel LLC’s holdings, making the stock its 17th biggest holding. Capital Investment Counsel LLC’s holdings in iShares Semiconductor ETF were worth $9,626,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Global Trust Asset Management LLC acquired a new stake in iShares Semiconductor ETF in the 3rd quarter valued at about $27,000. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Semiconductor ETF during the 3rd quarter worth approximately $33,000. Truvestments Capital LLC purchased a new stake in shares of iShares Semiconductor ETF in the third quarter valued at approximately $35,000. Hollencrest Capital Management increased its holdings in shares of iShares Semiconductor ETF by 56.1% in the third quarter. Hollencrest Capital Management now owns 167 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 60 shares during the last quarter. Finally, Morse Asset Management Inc purchased a new position in iShares Semiconductor ETF during the third quarter worth approximately $42,000.

iShares Semiconductor ETF Stock Performance

NASDAQ SOXX opened at $213.50 on Wednesday. The stock’s fifty day moving average is $220.62 and its two-hundred day moving average is $224.06. The firm has a market capitalization of $13.46 billion, a P/E ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a fifty-two week low of $192.87 and a fifty-two week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

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

iShares Semiconductor ETF 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).