Bank Hapoalim BM Sells 2,032 Shares of iShares Semiconductor ETF $SOXX

Bank Hapoalim BM lowered its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,896 shares of the exchange traded fund’s stock after selling 2,032 shares during the quarter. iShares Semiconductor ETF comprises about 1.5% of Bank Hapoalim BM’s investment portfolio, making the stock its 12th biggest position. Bank Hapoalim BM owned approximately 0.09% of iShares Semiconductor ETF worth $16,833,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Greenberg Financial Group bought a new position in shares of iShares Semiconductor ETF during the 4th quarter valued at $843,000. Sava Penzisko Drushtvo A.D. Skopje bought a new position in shares of iShares Semiconductor ETF during the 3rd quarter valued at $12,275,000. Moulton Wealth Management Inc. bought a new position in shares of iShares Semiconductor ETF during the 4th quarter valued at $5,773,000. Optiver Holding B.V. raised its holdings in shares of iShares Semiconductor ETF by 2,968.6% during the 3rd quarter. Optiver Holding B.V. now owns 20,222 shares of the exchange traded fund’s stock valued at $5,483,000 after purchasing an additional 19,563 shares in the last quarter. Finally, Eagle Strategies LLC bought a new stake in shares of iShares Semiconductor ETF during the 4th quarter worth $526,000.

iShares Semiconductor ETF Trading Down 5.9%

NASDAQ SOXX opened at $591.24 on Wednesday. The company has a fifty day simple moving average of $496.13 and a 200 day simple moving average of $388.88. The company has a market cap of $38.31 billion, a P/E ratio of 31.84 and a beta of 1.80. iShares Semiconductor ETF has a 1 year low of $221.86 and a 1 year high of $629.72.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be issued a $0.2827 dividend. This is a boost from iShares Semiconductor ETF’s previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 15th. This represents a $1.13 annualized dividend and a yield of 0.2%.

iShares Semiconductor ETF Company 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). 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.