Oppenheimer & Co. Inc. Sells 384 Shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Oppenheimer & Co. Inc. decreased its holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 1.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,824 shares of the company’s stock after selling 384 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco PHLX Semiconductor ETF were worth $1,418,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. WASHINGTON TRUST Co purchased a new stake in Invesco PHLX Semiconductor ETF in the 2nd quarter valued at about $28,000. Beacon Capital Management LLC purchased a new stake in Invesco PHLX Semiconductor ETF in the 2nd quarter valued at about $55,000. Future Financial Wealth Managment LLC purchased a new stake in Invesco PHLX Semiconductor ETF in the 3rd quarter valued at about $58,000. Farther Finance Advisors LLC increased its stake in Invesco PHLX Semiconductor ETF by 14.6% in the 3rd 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 last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Invesco PHLX Semiconductor ETF in the 1st quarter valued at about $251,000.

Invesco PHLX Semiconductor ETF Stock Performance

NASDAQ:SOXQ opened at $38.45 on Tuesday. The firm has a market cap of $479.86 million, a price-to-earnings ratio of 29.37 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 52 week low of $28.71 and a 52 week high of $46.82. The firm has a 50-day moving average price of $40.23 and a two-hundred day moving average price of $40.67.

Invesco PHLX Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.068 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.27 annualized dividend and a dividend yield of 0.71%. This is a positive change from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.06.

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.