Flow Traders U.S. LLC Makes New $893,000 Investment in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Flow Traders U.S. LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 21,913 shares of the company’s stock, valued at approximately $893,000. Flow Traders U.S. LLC owned 0.18% of Invesco PHLX Semiconductor ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WASHINGTON TRUST Co bought a new stake in Invesco PHLX Semiconductor ETF during the second quarter valued at about $28,000. Beacon Capital Management LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF during the 2nd quarter valued at about $55,000. Future Financial Wealth Managment LLC bought a new position in shares of Invesco PHLX Semiconductor ETF during the 3rd quarter valued at approximately $58,000. Farther Finance Advisors LLC increased its holdings in Invesco PHLX Semiconductor ETF by 14.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock worth $88,000 after acquiring an additional 275 shares in the last quarter. Finally, PFG Investments LLC purchased a new stake in Invesco PHLX Semiconductor ETF in the 2nd quarter worth approximately $477,000.

Invesco PHLX Semiconductor ETF Price Performance

Shares of NASDAQ:SOXQ opened at $39.84 on Tuesday. The company has a market capitalization of $497.20 million, a P/E ratio of 29.37 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 1-year low of $28.71 and a 1-year high of $46.82. The firm’s 50 day simple moving average is $40.27 and its two-hundred day simple moving average is $40.74.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.068 per share. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.68%.

About Invesco PHLX Semiconductor ETF

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.