Avantax Advisory Services Inc. Boosts Stock Position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Avantax Advisory Services Inc. boosted its holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,493 shares of the company’s stock after purchasing an additional 2,945 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco PHLX Semiconductor ETF were worth $1,431,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. SG Americas Securities LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the fourth quarter valued at $6,320,000. Marshall Investment Management LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the fourth quarter valued at $5,177,000. JPMorgan Chase & Co. raised its stake in shares of Invesco PHLX Semiconductor ETF by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock valued at $3,295,000 after buying an additional 7,797 shares during the period. Global X Japan Co. Ltd. raised its stake in shares of 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 buying an additional 30,197 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Invesco PHLX Semiconductor ETF by 58.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,000 shares of the company’s stock valued at $1,263,000 after buying an additional 11,400 shares during the period.

Invesco PHLX Semiconductor ETF Price Performance

Shares of SOXQ opened at $36.20 on Wednesday. The firm has a market cap of $427.88 million, a PE ratio of 30.96 and a beta of 1.56. The stock’s fifty day moving average price is $39.14 and its two-hundred day moving average price is $39.61. Invesco PHLX Semiconductor ETF has a 1 year low of $33.70 and a 1 year high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0689 dividend. 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.