Oppenheimer & Co. Inc. Sells 12,952 Shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Oppenheimer & Co. Inc. reduced its stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 37.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,872 shares of the company’s stock after selling 12,952 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco PHLX Semiconductor ETF were worth $858,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings 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 valued at $88,000 after acquiring an additional 275 shares during the period. Silver Oak Securities Incorporated bought a new stake in Invesco PHLX Semiconductor ETF during the fourth quarter valued at about $206,000. Sigma Planning Corp bought a new stake in Invesco PHLX Semiconductor ETF during the fourth quarter valued at about $208,000. Manchester Capital Management LLC raised its holdings in Invesco PHLX Semiconductor ETF by 49.5% during the fourth quarter. Manchester Capital Management LLC now owns 5,518 shares of the company’s stock valued at $216,000 after acquiring an additional 1,828 shares during the period. Finally, HighTower Advisors LLC bought a new stake in Invesco PHLX Semiconductor ETF during the third quarter valued at about $221,000.

Invesco PHLX Semiconductor ETF Stock Up 2.1 %

NASDAQ:SOXQ opened at $37.05 on Thursday. The business’s 50-day simple moving average is $39.96 and its two-hundred day simple moving average is $39.93. The stock has a market cap of $437.93 million, a PE ratio of 33.73 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 52 week low of $33.70 and a 52 week high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently declared 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 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.