Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Shares Sold by Meitav Investment House Ltd.

Meitav Investment House Ltd. decreased its position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 56.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,200 shares of the company’s stock after selling 11,850 shares during the period. Meitav Investment House Ltd.’s holdings in Invesco PHLX Semiconductor ETF were worth $361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Invesco PHLX Semiconductor ETF by 32.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,400 shares of the company’s stock valued at $3,508,000 after acquiring an additional 20,700 shares during the period. Farther Finance Advisors LLC boosted its position in Invesco PHLX Semiconductor ETF by 14.6% during the third quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock worth $88,000 after purchasing an additional 275 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings 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 valued at $1,263,000 after purchasing an additional 11,400 shares during the period. Kovack Advisors Inc. grew its holdings in Invesco PHLX Semiconductor ETF by 50.2% in the third quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock valued at $1,018,000 after purchasing an additional 8,350 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF in the third quarter valued at approximately $893,000.

Invesco PHLX Semiconductor ETF Price Performance

Shares of NASDAQ:SOXQ opened at $41.81 on Friday. The business’s 50 day moving average price is $40.36 and its 200-day moving average price is $39.90. Invesco PHLX Semiconductor ETF has a 1 year low of $33.70 and a 1 year high of $46.82. The firm has a market capitalization of $494.19 million, a price-to-earnings 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 issued 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.