Gill Capital Partners LLC Purchases New Stake in Invesco PHLX Semiconductor ETF $SOXQ

Gill Capital Partners LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,643 shares of the company’s stock, valued at approximately $857,000.

Several other institutional investors also recently bought and sold shares of SOXQ. Ameriprise Financial Inc. lifted its stake in shares of Invesco PHLX Semiconductor ETF by 215.6% during the second quarter. Ameriprise Financial Inc. now owns 245,267 shares of the company’s stock worth $10,698,000 after purchasing an additional 167,554 shares in the last quarter. Condor Capital Management boosted its position in shares of Invesco PHLX Semiconductor ETF by 58.0% in the fourth quarter. Condor Capital Management now owns 192,807 shares of the company’s stock worth $10,753,000 after buying an additional 70,746 shares during the period. VestGen Advisors LLC grew its stake in shares of Invesco PHLX Semiconductor ETF by 379.3% in the fourth quarter. VestGen Advisors LLC now owns 76,239 shares of the company’s stock valued at $4,252,000 after buying an additional 60,334 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Invesco PHLX Semiconductor ETF by 2,784.8% in the first quarter. Royal Bank of Canada now owns 37,099 shares of the company’s stock valued at $2,215,000 after buying an additional 35,813 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF in the fourth quarter valued at about $1,849,000.

Invesco PHLX Semiconductor ETF Stock Performance

Shares of NASDAQ:SOXQ opened at $90.76 on Tuesday. The business’s 50-day simple moving average is $96.39 and its 200 day simple moving average is $85.00. The company has a market cap of $2.58 billion, a P/E ratio of 34.20 and a beta of 1.79. Invesco PHLX Semiconductor ETF has a one year low of $43.35 and a one year high of $115.34.

Invesco PHLX Semiconductor ETF Dividend Announcement

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

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.