Fulton Bank N.A. Sells 730 Shares of iShares Semiconductor ETF (NASDAQ:SOXX)

Fulton Bank N.A. lowered its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 2.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 31,762 shares of the exchange traded fund’s stock after selling 730 shares during the period. Fulton Bank N.A.’s holdings in iShares Semiconductor ETF were worth $6,844,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in shares of iShares Semiconductor ETF by 34.4% during the second quarter. Bank of New York Mellon Corp now owns 5,398 shares of the exchange traded fund’s stock valued at $1,331,000 after purchasing an additional 1,382 shares in the last quarter. National Bank of Canada FI grew its stake in iShares Semiconductor ETF by 32.3% in the 2nd quarter. National Bank of Canada FI now owns 12,943 shares of the exchange traded fund’s stock valued at $3,192,000 after buying an additional 3,161 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of iShares Semiconductor ETF by 14,795.3% during the second quarter. Strategic Financial Concepts LLC now owns 264,988 shares of the exchange traded fund’s stock worth $654,000 after acquiring an additional 263,209 shares in the last quarter. Prudential PLC bought a new position in shares of iShares Semiconductor ETF in the second quarter worth $1,292,000. Finally, Wedbush Securities Inc. grew its position in shares of iShares Semiconductor ETF by 21.7% in the second quarter. Wedbush Securities Inc. now owns 5,757 shares of the exchange traded fund’s stock valued at $1,420,000 after purchasing an additional 1,028 shares in the last quarter.

iShares Semiconductor ETF Price Performance

Shares of NASDAQ:SOXX traded down $3.08 on Wednesday, hitting $222.71. The company’s stock had a trading volume of 1,636,745 shares, compared to its average volume of 2,861,203. iShares Semiconductor ETF has a 1 year low of $182.97 and a 1 year high of $267.24. The company has a market capitalization of $14.30 billion, a PE ratio of 10.60 and a beta of 1.34. The company has a 50-day simple moving average of $219.75 and a 200 day simple moving average of $227.01.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.3578 dividend. 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).