KCM Investment Advisors LLC Sells 2,352 Shares of iShares Semiconductor ETF $SOXX

KCM Investment Advisors LLC cut its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,067 shares of the exchange traded fund’s stock after selling 2,352 shares during the period. KCM Investment Advisors LLC’s holdings in iShares Semiconductor ETF were worth $10,862,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Citizens Financial Group Inc. RI increased its position in shares of 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 acquiring an additional 31 shares in the last quarter. Stratos Wealth Advisors LLC increased its position in shares of 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 acquiring an additional 36 shares in the last quarter. Rinkey Investments increased its position in shares of 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 acquiring an additional 36 shares in the last quarter. First Heartland Consultants Inc. increased its position in shares of iShares Semiconductor ETF by 1.1% during the fourth quarter. First Heartland Consultants Inc. now owns 3,295 shares of the exchange traded fund’s stock worth $992,000 after acquiring an additional 37 shares in the last quarter. Finally, Madison Wealth Partners Inc boosted its holdings in iShares Semiconductor ETF by 1.7% during the fourth quarter. Madison Wealth Partners Inc now owns 2,206 shares of the exchange traded fund’s stock worth $664,000 after purchasing an additional 37 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

iShares Semiconductor ETF stock opened at $596.25 on Friday. iShares Semiconductor ETF has a fifty-two week low of $220.30 and a fifty-two week high of $618.84. The stock has a market cap of $38.64 billion, a PE ratio of 31.84 and a beta of 1.80. The firm’s 50-day simple moving average is $485.32 and its 200 day simple moving average is $383.63.

iShares Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.2079 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.83 annualized dividend and a yield of 0.1%.

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.