Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Holdings Lowered by Fmr LLC

Fmr LLC cut its stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 19.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,458 shares of the company’s stock after selling 353 shares during the period. Fmr LLC’s holdings in Invesco PHLX Semiconductor ETF were worth $59,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Future Financial Wealth Managment LLC bought a new position in Invesco PHLX Semiconductor ETF during the 3rd quarter valued at $58,000. Farther Finance Advisors LLC lifted its holdings in shares of Invesco PHLX Semiconductor ETF by 14.6% in the third quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock valued at $88,000 after buying an additional 275 shares during the period. PFG Investments LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF in the second quarter valued at $477,000. Truist Financial Corp boosted its stake in Invesco PHLX Semiconductor ETF by 20.1% during the second quarter. Truist Financial Corp now owns 12,087 shares of the company’s stock valued at $521,000 after buying an additional 2,019 shares in the last quarter. Finally, Kovack Advisors Inc. grew its holdings in Invesco PHLX Semiconductor ETF by 50.2% during the third quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock worth $1,018,000 after acquiring an additional 8,350 shares during the period.

Invesco PHLX Semiconductor ETF Trading Up 1.2 %

Shares of NASDAQ SOXQ opened at $40.75 on Wednesday. Invesco PHLX Semiconductor ETF has a twelve month low of $30.50 and a twelve month high of $46.82. The firm has a 50-day moving average of $39.88 and a two-hundred day moving average of $40.63. The company has a market capitalization of $508.56 million, a price-to-earnings ratio of 29.37 and a beta of 1.56.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be paid a dividend of $0.0689 per share. The ex-dividend date is 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.