Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Short Interest Update

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 364,445 shares, a decrease of 34.6% from the December 15th total of 556,900 shares. Based on an average daily trading volume, of 602,249 shares, the short-interest ratio is presently 0.6 days. Approximately 2.5% of the shares of the company are short sold. Approximately 2.5% of the shares of the company are short sold. Based on an average daily trading volume, of 602,249 shares, the short-interest ratio is presently 0.6 days.

Invesco PHLX Semiconductor ETF Trading Up 1.2%

NASDAQ SOXQ traded up $0.73 during trading hours on Friday, reaching $62.41. The company’s stock had a trading volume of 663,238 shares, compared to its average volume of 698,175. The business has a 50-day simple moving average of $56.14 and a 200 day simple moving average of $50.90. Invesco PHLX Semiconductor ETF has a 52 week low of $26.71 and a 52 week high of $63.03. The stock has a market cap of $924.92 million, a PE ratio of 34.20 and a beta of 1.57.

Invesco PHLX Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.0621 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Qube Research & Technologies Ltd acquired a new stake in Invesco PHLX Semiconductor ETF in the third quarter worth $35,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco PHLX Semiconductor ETF by 112.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 954 shares of the company’s stock worth $42,000 after acquiring an additional 505 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Invesco PHLX Semiconductor ETF in the 3rd quarter worth about $101,000. SG Americas Securities LLC bought a new stake in Invesco PHLX Semiconductor ETF in the 3rd quarter valued at about $103,000. Finally, FWL Investment Management LLC lifted its position in Invesco PHLX Semiconductor ETF by 8.1% in the 2nd quarter. FWL Investment Management LLC now owns 3,086 shares of the company’s stock valued at $135,000 after purchasing an additional 231 shares during the last quarter.

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.