WBI Investments LLC Boosts Stake in Invesco PHLX Semiconductor ETF $SOXQ

WBI Investments LLC increased its holdings in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 49.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,306 shares of the company’s stock after purchasing an additional 15,232 shares during the quarter. WBI Investments LLC owned 0.39% of Invesco PHLX Semiconductor ETF worth $2,321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of SOXQ. Qube Research & Technologies Ltd purchased a new position in Invesco PHLX Semiconductor ETF in the 3rd quarter worth about $35,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco PHLX Semiconductor ETF by 112.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 954 shares of the company’s stock valued at $42,000 after acquiring an additional 505 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Invesco PHLX Semiconductor ETF during the 3rd quarter valued at about $101,000. SG Americas Securities LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the third quarter worth approximately $103,000. Finally, FWL Investment Management LLC grew its stake in shares of Invesco PHLX Semiconductor ETF by 8.1% in the second quarter. FWL Investment Management LLC now owns 3,086 shares of the company’s stock worth $135,000 after acquiring an additional 231 shares during the period.

Invesco PHLX Semiconductor ETF Stock Up 0.5%

Shares of Invesco PHLX Semiconductor ETF stock opened at $61.73 on Wednesday. The company has a market cap of $969.16 million, a price-to-earnings ratio of 34.20 and a beta of 1.57. The company’s 50 day moving average is $62.68 and its 200 day moving average is $56.52. Invesco PHLX Semiconductor ETF has a twelve month low of $26.71 and a twelve month high of $66.89.

Invesco PHLX Semiconductor ETF Cuts Dividend

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

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.