9,384 Shares in Invesco PHLX Semiconductor ETF $SOXQ Bought by Pointe Capital Management LLC

Pointe Capital Management LLC acquired a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 9,384 shares of the company’s stock, valued at approximately $1,052,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Condor Capital Management raised its holdings in shares of Invesco PHLX Semiconductor ETF by 58.0% during the fourth quarter. Condor Capital Management now owns 192,807 shares of the company’s stock worth $10,753,000 after purchasing an additional 70,746 shares during the period. Cetera Investment Advisers lifted its position in shares of Invesco PHLX Semiconductor ETF by 78.8% in the 1st quarter. Cetera Investment Advisers now owns 11,940 shares of the company’s stock worth $713,000 after buying an additional 5,262 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Invesco PHLX Semiconductor ETF by 2,784.8% in the 1st quarter. Royal Bank of Canada now owns 37,099 shares of the company’s stock worth $2,215,000 after buying an additional 35,813 shares during the last quarter. Gill Capital Partners LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the 2nd quarter valued at about $857,000. Finally, Nwam LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the 2nd quarter valued at about $10,225,000.

Invesco PHLX Semiconductor ETF Stock Up 1.3%

Shares of NASDAQ:SOXQ opened at $93.60 on Wednesday. The company has a market cap of $2.66 billion, a PE ratio of 34.20 and a beta of 1.79. Invesco PHLX Semiconductor ETF has a fifty-two week low of $45.51 and a fifty-two week high of $115.34. The firm has a 50-day simple moving average of $94.40 and a 200 day simple moving average of $86.13.

Invesco PHLX Semiconductor ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.0773 dividend. This represents a $0.31 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, June 22nd.

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.