Invesco PHLX Semiconductor ETF $SOXQ Shares Newly Acquired by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 7,270 shares of the company’s stock, valued at approximately $723,000.

Several other large investors also recently added to or reduced their stakes in SOXQ. Continuum Advisory LLC purchased a new stake in Invesco PHLX Semiconductor ETF during the second quarter valued at approximately $34,000. Global Assets Advisory LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF in the 1st quarter worth approximately $39,000. Western Wealth Management LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF in the 1st quarter worth approximately $44,000. Triumph Capital Management bought a new position in shares of Invesco PHLX Semiconductor ETF during the 3rd quarter valued at approximately $44,000. Finally, GK Wealth Management LLC bought a new position in shares of Invesco PHLX Semiconductor ETF during the 3rd quarter valued at approximately $68,000.

Invesco PHLX Semiconductor ETF Stock Performance

NASDAQ:SOXQ opened at $80.85 on Thursday. Invesco PHLX Semiconductor ETF has a fifty-two week low of $48.51 and a fifty-two week high of $115.34. The firm has a market capitalization of $2.65 billion, a PE ratio of 34.20 and a beta of 1.85. The stock’s fifty day moving average is $92.85 and its 200 day moving average is $84.92.

Invesco PHLX Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a dividend of $0.0845 per share. This is a positive change from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.0773. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, September 21st.

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.