Clal Insurance Enterprises Holdings Ltd Sells 75,245 Shares of iShares Semiconductor ETF $SOXX

Clal Insurance Enterprises Holdings Ltd decreased its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 92.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,477 shares of the exchange traded fund’s stock after selling 75,245 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in iShares Semiconductor ETF were worth $1,951,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI lifted its stake in iShares Semiconductor ETF by 2.0% during the fourth quarter. Citizens Financial Group Inc. RI now owns 1,615 shares of the exchange traded fund’s stock worth $486,000 after purchasing an additional 31 shares during the period. Stratos Wealth Advisors LLC lifted its stake in iShares Semiconductor ETF by 1.7% during the third quarter. Stratos Wealth Advisors LLC now owns 2,135 shares of the exchange traded fund’s stock worth $579,000 after purchasing an additional 36 shares during the period. Rinkey Investments lifted its stake in iShares Semiconductor ETF by 2.3% during the fourth quarter. Rinkey Investments now owns 1,571 shares of the exchange traded fund’s stock worth $473,000 after purchasing an additional 36 shares during the period. First Heartland Consultants Inc. raised its stake in shares of iShares Semiconductor ETF by 1.1% in the fourth quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock valued at $992,000 after acquiring an additional 37 shares during the last quarter. Finally, Madison Wealth Partners Inc raised its stake in shares of iShares Semiconductor ETF by 1.7% in the fourth quarter. Madison Wealth Partners Inc now owns 2,206 shares of the exchange traded fund’s stock valued at $664,000 after acquiring an additional 37 shares during the last quarter.

iShares Semiconductor ETF Trading Up 1.6%

NASDAQ:SOXX opened at $596.25 on Friday. iShares Semiconductor ETF has a 1 year low of $220.30 and a 1 year high of $618.84. The firm has a 50 day moving average of $485.32 and a 200-day moving average of $383.63. The stock has a market capitalization of $38.64 billion, a P/E ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.2079 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.1%.

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). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.