Invesco PHLX Semiconductor ETF $SOXQ Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $4,970,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SOXQ. ERn Financial LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the third quarter worth about $208,000. Oppenheimer & Co. Inc. purchased a new position in Invesco PHLX Semiconductor ETF during the 3rd quarter valued at about $1,368,000. Sigma Planning Corp purchased a new position in Invesco PHLX Semiconductor ETF during the 3rd quarter valued at about $346,000. Capital Investment Advisors LLC raised its position in Invesco PHLX Semiconductor ETF by 37.9% during the 3rd quarter. Capital Investment Advisors LLC now owns 73,395 shares of the company’s stock valued at $7,295,000 after purchasing an additional 20,188 shares during the last quarter. Finally, Northern Lights Advisors Inc. bought a new position in Invesco PHLX Semiconductor ETF during the 3rd quarter valued at approximately $293,000.

Invesco PHLX Semiconductor ETF Stock Performance

NASDAQ SOXQ opened at $70.91 on Friday. Invesco PHLX Semiconductor ETF has a fifty-two week low of $48.51 and a fifty-two week high of $115.34. The stock has a 50 day simple moving average of $92.44 and a two-hundred day simple moving average of $84.96. The stock has a market cap of $2.32 billion, a P/E ratio of 34.20 and a beta of 1.85.

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 represents a $0.34 annualized dividend and a dividend yield of 0.5%. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.0773. 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.