Huntleigh Advisors Inc. Decreases Position in Invesco PHLX Semiconductor ETF $SOXQ

Huntleigh Advisors Inc. lessened its stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 67.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,339 shares of the company’s stock after selling 19,303 shares during the quarter. Huntleigh Advisors Inc. owned approximately 0.06% of Invesco PHLX Semiconductor ETF worth $521,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SOXQ. Ameriprise Financial Inc. grew its holdings in Invesco PHLX Semiconductor ETF by 215.6% during the second quarter. Ameriprise Financial Inc. now owns 245,267 shares of the company’s stock valued at $10,698,000 after purchasing an additional 167,554 shares during the period. NorthRock Partners LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the third quarter valued at $6,596,000. Condor Capital Management raised its stake in shares of Invesco PHLX Semiconductor ETF by 79.9% in the third quarter. Condor Capital Management now owns 122,061 shares of the company’s stock valued at $6,118,000 after buying an additional 54,217 shares during the period. Marshall Investment Management LLC lifted its position in shares of Invesco PHLX Semiconductor ETF by 460.0% during the 3rd quarter. Marshall Investment Management LLC now owns 56,979 shares of the company’s stock valued at $2,856,000 after buying an additional 46,805 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew 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 acquiring an additional 16,300 shares during the period.

Invesco PHLX Semiconductor ETF Stock Performance

SOXQ stock opened at $82.73 on Monday. The stock has a fifty day moving average of $65.22 and a 200-day moving average of $60.15. Invesco PHLX Semiconductor ETF has a fifty-two week low of $32.05 and a fifty-two week high of $83.14. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 34.20 and a beta of 1.57.

Invesco PHLX Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.0706 per share. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 23rd.

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.