Bright Futures Wealth Management LLC. Has $753,000 Position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Bright Futures Wealth Management LLC. lowered its position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 15.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,446 shares of the company’s stock after selling 3,576 shares during the period. Bright Futures Wealth Management LLC. owned 0.17% of Invesco PHLX Semiconductor ETF worth $753,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SOXQ. HighTower Advisors LLC bought a new stake in Invesco PHLX Semiconductor ETF during the third quarter worth approximately $221,000. JPMorgan Chase & Co. boosted its position in Invesco PHLX Semiconductor ETF by 10.7% during the third quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock worth $3,295,000 after purchasing an additional 7,797 shares during the period. Truist Financial Corp boosted its position in Invesco PHLX Semiconductor ETF by 20.1% during the second quarter. Truist Financial Corp now owns 12,087 shares of the company’s stock worth $521,000 after purchasing an additional 2,019 shares during the period. Farther Finance Advisors LLC boosted its position in 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 during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted 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 purchasing an additional 11,400 shares during the period.

Invesco PHLX Semiconductor ETF Stock Up 1.3 %

Shares of Invesco PHLX Semiconductor ETF stock opened at $40.61 on Friday. The stock has a market capitalization of $480.01 million, a P/E ratio of 29.37 and a beta of 1.56. The stock has a 50 day moving average price of $40.15 and a two-hundred day moving average price of $39.81. Invesco PHLX Semiconductor ETF has a 12-month low of $33.70 and a 12-month high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0689 per share. The ex-dividend date was Monday, December 23rd.

Invesco PHLX Semiconductor ETF Company 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.