SG Americas Securities LLC Buys Shares of 161,130 Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

SG Americas Securities LLC purchased a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 161,130 shares of the company’s stock, valued at approximately $6,320,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its stake 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 valued at $3,508,000 after acquiring an additional 20,700 shares during the period. JPMorgan Chase & Co. grew its position in Invesco PHLX Semiconductor ETF by 10.7% in the 3rd 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 last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in Invesco PHLX Semiconductor ETF by 58.2% in the 3rd 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 last quarter. Kovack Advisors Inc. increased its stake in shares of 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 bought a new stake in shares of Invesco PHLX Semiconductor ETF during the third quarter valued at approximately $893,000.

Invesco PHLX Semiconductor ETF Price Performance

Shares of SOXQ stock opened at $42.04 on Friday. Invesco PHLX Semiconductor ETF has a 12-month low of $33.25 and a 12-month high of $46.82. The firm has a market capitalization of $500.28 million, a price-to-earnings ratio of 29.37 and a beta of 1.56. The business has a 50 day simple moving average of $40.05 and a 200 day simple moving average of $40.19.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0689 per share. The ex-dividend date was Monday, December 23rd.

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.