Commonwealth Equity Services LLC Raises Stock Position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Commonwealth Equity Services LLC lifted its holdings in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 181.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,459 shares of the company’s stock after purchasing an additional 9,314 shares during the quarter. Commonwealth Equity Services LLC owned about 0.12% of Invesco PHLX Semiconductor ETF worth $567,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Silver Oak Securities Incorporated acquired a new position in Invesco PHLX Semiconductor ETF during the 4th quarter worth $206,000. Sigma Planning Corp purchased a new position in shares of Invesco PHLX Semiconductor ETF in the 4th quarter valued at about $208,000. Manchester Capital Management LLC grew its position in shares of Invesco PHLX Semiconductor ETF by 49.5% during the fourth quarter. Manchester Capital Management LLC now owns 5,518 shares of the company’s stock worth $216,000 after buying an additional 1,828 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF during the third quarter worth approximately $221,000. Finally, Pacific Sun Financial Corp acquired a new stake in Invesco PHLX Semiconductor ETF in the fourth quarter valued at approximately $285,000.

Invesco PHLX Semiconductor ETF Price Performance

NASDAQ:SOXQ opened at $28.30 on Friday. Invesco PHLX Semiconductor ETF has a 12 month low of $27.79 and a 12 month high of $46.82. The firm has a market capitalization of $322.62 million, a PE ratio of 30.96 and a beta of 1.56. The business’s fifty day moving average price is $37.37 and its 200 day moving average price is $39.26.

Invesco PHLX Semiconductor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0693 dividend. This is an increase from Invesco PHLX Semiconductor ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 24th.

About Invesco PHLX Semiconductor ETF

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.