Bright Futures Wealth Management LLC. Sells 3,576 Shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Bright Futures Wealth Management LLC. trimmed its holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 15.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,446 shares of the company’s stock after selling 3,576 shares during the quarter. Bright Futures Wealth Management LLC.’s holdings in Invesco PHLX Semiconductor ETF were worth $753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. SG Americas Securities LLC bought a new position in Invesco PHLX Semiconductor ETF in the fourth quarter worth $6,320,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Invesco PHLX Semiconductor ETF by 32.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,400 shares of the company’s stock worth $3,508,000 after purchasing an additional 20,700 shares during the period. JPMorgan Chase & Co. lifted its position in Invesco PHLX Semiconductor ETF by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock worth $3,295,000 after purchasing an additional 7,797 shares during the period. Global X Japan Co. Ltd. lifted its position in Invesco PHLX Semiconductor ETF by 91.8% in the fourth quarter. Global X Japan Co. Ltd. now owns 63,097 shares of the company’s stock worth $2,475,000 after purchasing an additional 30,197 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in Invesco PHLX Semiconductor ETF by 58.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,000 shares of the company’s stock worth $1,263,000 after purchasing an additional 11,400 shares during the period.

Invesco PHLX Semiconductor ETF Price Performance

Invesco PHLX Semiconductor ETF stock opened at $40.61 on Friday. The stock has a fifty day moving average price of $40.15 and a two-hundred day moving average price of $39.81. Invesco PHLX Semiconductor ETF has a 52-week low of $33.70 and a 52-week high of $46.82. The firm has a market capitalization of $480.01 million, a P/E ratio of 29.37 and a beta of 1.56.

Invesco PHLX Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0689 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.