HighTower Advisors LLC Boosts Stock Position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

HighTower Advisors LLC increased its holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 124.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,229 shares of the company’s stock after purchasing an additional 6,789 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco PHLX Semiconductor ETF were worth $480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SOXQ. SG Americas Securities LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the 4th quarter worth approximately $6,320,000. Marshall Investment Management LLC purchased a new stake in Invesco PHLX Semiconductor ETF in the fourth quarter worth $5,177,000. Global X Japan Co. Ltd. boosted its holdings 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 valued at $2,475,000 after acquiring an additional 30,197 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Invesco PHLX Semiconductor ETF during the 4th quarter valued at $1,176,000. Finally, Flow Traders U.S. LLC bought a new position in Invesco PHLX Semiconductor ETF in the 3rd quarter worth $893,000.

Invesco PHLX Semiconductor ETF Trading Down 3.0 %

Shares of SOXQ opened at $33.74 on Monday. Invesco PHLX Semiconductor ETF has a 1-year low of $33.55 and a 1-year high of $46.82. The firm’s 50-day moving average price is $38.40 and its 200-day moving average price is $39.50. The firm has a market capitalization of $398.81 million, a price-to-earnings ratio of 30.96 and a beta of 1.56.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.0693 per share. This is an increase from Invesco PHLX Semiconductor ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 24th.

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.