NorthRock Partners LLC Acquires New Holdings in Invesco PHLX Semiconductor ETF $SOXQ

NorthRock Partners LLC bought a new position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the third quarter, HoldingsChannel.com reports. The firm bought 131,611 shares of the company’s stock, valued at approximately $6,596,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SOXQ. Almanack Investment Partners LLC. purchased a new position in shares of Invesco PHLX Semiconductor ETF in the 3rd quarter valued at $757,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Invesco PHLX Semiconductor ETF by 171.6% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 25,800 shares of the company’s stock worth $1,293,000 after purchasing an additional 16,300 shares during the last quarter. WBI Investments LLC boosted its position in Invesco PHLX Semiconductor ETF by 70.5% during the second quarter. WBI Investments LLC now owns 31,074 shares of the company’s stock valued at $1,357,000 after purchasing an additional 12,848 shares in the last quarter. Bright Futures Wealth Management LLC. bought a new stake in Invesco PHLX Semiconductor ETF during the third quarter valued at about $737,000. Finally, Global Retirement Partners LLC purchased a new position in Invesco PHLX Semiconductor ETF in the second quarter valued at about $985,000.

Invesco PHLX Semiconductor ETF Price Performance

SOXQ opened at $60.23 on Friday. The firm has a market capitalization of $945.61 million, a PE ratio of 34.20 and a beta of 1.57. The business’s 50-day moving average is $62.59 and its two-hundred day moving average is $56.15. Invesco PHLX Semiconductor ETF has a 1 year low of $26.71 and a 1 year high of $66.89.

Invesco PHLX Semiconductor ETF Cuts Dividend

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

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.