Wealthcare Advisory Partners LLC Takes $203,000 Position in Invesco PHLX Semiconductor ETF $SOXQ

Wealthcare Advisory Partners LLC bought a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,650 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SOXQ. Retirement Guys Formula LLC acquired a new stake in Invesco PHLX Semiconductor ETF in the 2nd quarter valued at approximately $5,460,000. Capital Investment Advisors LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF during the 2nd quarter worth approximately $1,668,000. Sowell Financial Services LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF during the 2nd quarter worth approximately $1,501,000. Global X Japan Co. Ltd. grew its holdings in shares of Invesco PHLX Semiconductor ETF by 34.7% during the 2nd quarter. Global X Japan Co. Ltd. now owns 121,054 shares of the company’s stock worth $5,285,000 after purchasing an additional 31,155 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Invesco PHLX Semiconductor ETF by 212.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 37,500 shares of the company’s stock worth $1,262,000 after purchasing an additional 25,500 shares in the last quarter.

Invesco PHLX Semiconductor ETF Trading Down 6.4%

Shares of NASDAQ:SOXQ opened at $50.43 on Friday. Invesco PHLX Semiconductor ETF has a 1-year low of $26.71 and a 1-year high of $54.16. The firm has a market capitalization of $557.76 million, a PE ratio of 34.20 and a beta of 1.56. The business’s 50 day moving average is $47.32 and its 200-day moving average is $41.41.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a dividend of $0.0741 per share. The ex-dividend date was Monday, September 22nd. This is an increase from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.07. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.6%.

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.