Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Shares Sold by Meitav Investment House Ltd.

Meitav Investment House Ltd. cut its stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 56.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,200 shares of the company’s stock after selling 11,850 shares during the quarter. Meitav Investment House Ltd. owned about 0.08% of Invesco PHLX Semiconductor ETF worth $361,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in Invesco PHLX Semiconductor ETF by 14.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock valued at $88,000 after purchasing an additional 275 shares during the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Invesco PHLX Semiconductor ETF during the fourth quarter worth about $206,000. Manchester Capital Management LLC boosted its position in Invesco PHLX Semiconductor ETF by 49.5% in the fourth quarter. Manchester Capital Management LLC now owns 5,518 shares of the company’s stock valued at $216,000 after buying an additional 1,828 shares during the last quarter. HighTower Advisors LLC acquired a new position in Invesco PHLX Semiconductor ETF in the 3rd quarter worth approximately $221,000. Finally, Truist Financial Corp increased its holdings in Invesco PHLX Semiconductor ETF by 20.2% in the 4th quarter. Truist Financial Corp now owns 12,484 shares of the company’s stock worth $490,000 after buying an additional 2,097 shares during the period.

Invesco PHLX Semiconductor ETF Trading Up 0.0 %

Shares of NASDAQ SOXQ opened at $41.81 on Friday. The company has a 50 day simple moving average of $40.36 and a two-hundred day simple moving average of $39.90. The stock has a market cap of $494.19 million, a price-to-earnings ratio of 29.37 and a beta of 1.56. 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 firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.0689 per share. The ex-dividend date of this dividend 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.