SG Americas Securities LLC Acquires New Shares in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

SG Americas Securities LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 161,130 shares of the company’s stock, valued at approximately $6,320,000. SG Americas Securities LLC owned about 1.34% of Invesco PHLX Semiconductor ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Truist Financial Corp raised 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 buying an additional 2,019 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF in the third quarter valued at about $58,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Invesco PHLX Semiconductor ETF by 32.0% in the third 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 during the last quarter. Farther Finance Advisors LLC grew its position in shares of Invesco PHLX Semiconductor ETF by 14.6% in the third 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. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Invesco PHLX Semiconductor ETF by 58.2% during the 3rd 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 in the last quarter.

Invesco PHLX Semiconductor ETF Stock Performance

SOXQ stock opened at $42.04 on Friday. The stock’s 50 day moving average price is $40.05 and its 200 day moving average price is $40.19. The firm has a market cap of $500.28 million, a P/E ratio of 29.37 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 1 year low of $33.25 and a 1 year high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

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