Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 10.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,893 shares of the company’s stock after acquiring an additional 7,797 shares during the quarter. JPMorgan Chase & Co. owned 0.65% of Invesco PHLX Semiconductor ETF worth $3,295,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Invesco PHLX Semiconductor ETF by 32.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,400 shares of the company’s stock valued at $3,508,000 after purchasing an additional 20,700 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in Invesco PHLX Semiconductor ETF by 58.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,000 shares of the company’s stock worth $1,263,000 after buying an additional 11,400 shares during the period. Kovack Advisors Inc. increased its holdings in Invesco PHLX Semiconductor ETF by 50.2% in the third quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock valued at $1,018,000 after buying an additional 8,350 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF during the 3rd quarter valued at approximately $893,000. Finally, Truist Financial Corp boosted its stake in shares of Invesco PHLX Semiconductor ETF by 20.1% during the 2nd quarter. Truist Financial Corp now owns 12,087 shares of the company’s stock worth $521,000 after acquiring an additional 2,019 shares in the last quarter.

Invesco PHLX Semiconductor ETF Price Performance

NASDAQ SOXQ opened at $41.81 on Monday. The business has a 50 day moving average price of $39.76 and a 200 day moving average price of $40.20. The company has a market capitalization of $500.88 million, a P/E ratio of 29.37 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 1-year low of $32.60 and a 1-year high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.0689 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco PHLX Semiconductor ETF Profile

The Invesco PHLX Semiconductor ETF (SOXQ) is an exchange-traded fund that is based on the PHLX / Semiconductor index, a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXQ was launched on Jun 11, 2021 and is managed by Invesco.