Cwm LLC, an institutional investor, has reduced its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 25.3% during the first quarter. It sold 290 shares, leaving the company with 854 shares valued at $380,000.
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Other hedge funds and institutional investors have also made changes to their positions in the ETF. BNP Paribas Arbitrage SA increased its stake in iShares Semiconductor ETF by 5,787.3% during the first quarter, while JPMorgan Chase & Co. increased its stake by 102.9% in the fourth quarter. Morgan Stanley increased its stake by 16.6% in the fourth quarter, and Twin Tree Management LP increased its stake by 93.5%. Citigroup Inc. also grew its stake by 52.6% during the fourth quarter.
The stock has a market cap of $8.86 billion, a PE ratio of 17.05, and a beta of 1.34. Its fifty-day moving average price is $491.46 and its two-hundred-day moving average price is $446.51. The stock’s fifty-two week low is $287.82 and its fifty-two week high is $533.26.
iShares Semiconductor ETF recently paid a quarterly dividend of $0.6507 per share, representing a $2.60 dividend on an annualized basis and a dividend yield of 0.51%.
iShares Semiconductor ETF, also known as iShares PHLX Semiconductor ETF, is an exchange-traded fund that seeks to correspond to the price and yield performance of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index.
The post Cwm LLC Trims Holdings in iShares Semiconductor ETF appeared first on TS2 SPACE.
