HighTower Advisors LLC Buys Shares of 5,440 Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

HighTower Advisors LLC purchased a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,440 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Future Financial Wealth Managment LLC purchased a new stake in Invesco PHLX Semiconductor ETF during the third quarter valued at approximately $58,000. Farther Finance Advisors LLC increased its position in shares of Invesco PHLX Semiconductor ETF by 14.6% during the third quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock worth $88,000 after purchasing an additional 275 shares in the last quarter. PFG Investments LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF during the second quarter worth $477,000. Truist Financial Corp lifted its holdings 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 valued at $521,000 after purchasing an additional 2,019 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF in the 3rd quarter worth $893,000.

Invesco PHLX Semiconductor ETF Stock Performance

Invesco PHLX Semiconductor ETF stock opened at $40.75 on Wednesday. The stock has a market cap of $508.56 million, a PE ratio of 29.37 and a beta of 1.56. The stock has a 50-day moving average of $39.88 and a two-hundred day moving average of $40.63. Invesco PHLX Semiconductor ETF has a one year low of $30.50 and a one year high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be issued a dividend of $0.0689 per share. The ex-dividend date is Monday, December 23rd.

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.