Quantbot Technologies LP Sells 6,227 Shares of iShares Semiconductor ETF $SOXX

Quantbot Technologies LP lowered its position in iShares Semiconductor ETF (NASDAQ:SOXX) by 73.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,249 shares of the exchange traded fund’s stock after selling 6,227 shares during the quarter. Quantbot Technologies LP’s holdings in iShares Semiconductor ETF were worth $610,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SOXX. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of iShares Semiconductor ETF in the 3rd quarter valued at about $25,000. Johnson Financial Group Inc. acquired a new stake in iShares Semiconductor ETF during the second quarter worth about $32,000. Financial Consulate Inc. purchased a new position in iShares Semiconductor ETF in the third quarter valued at $34,000. Wellington Shields & Co. LLC purchased a new stake in shares of iShares Semiconductor ETF in the third quarter valued at approximately $41,000. Finally, Blue Trust Inc. increased its stake in shares of iShares Semiconductor ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 155 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 44 shares in the last quarter.

iShares Semiconductor ETF Stock Down 4.2%

Shares of SOXX opened at $323.51 on Monday. The firm’s fifty day moving average is $341.01 and its two-hundred day moving average is $302.99. The stock has a market cap of $19.60 billion, a PE ratio of 31.84 and a beta of 1.51. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $368.82.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.4363 dividend. This represents a $1.75 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, December 16th.

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). 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.