Pointe Capital Management LLC Takes Position in Invesco PHLX Semiconductor ETF $SOXQ

Pointe Capital Management LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 9,384 shares of the company’s stock, valued at approximately $1,052,000.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in shares of Invesco PHLX Semiconductor ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 305,196 shares of the company’s stock worth $17,021,000 after purchasing an additional 10,471 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco PHLX Semiconductor ETF by 215.6% in the second quarter. Ameriprise Financial Inc. now owns 245,267 shares of the company’s stock valued at $10,698,000 after buying an additional 167,554 shares in the last quarter. Condor Capital Management grew its stake in shares of Invesco PHLX Semiconductor ETF by 58.0% in the fourth quarter. Condor Capital Management now owns 192,807 shares of the company’s stock valued at $10,753,000 after buying an additional 70,746 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco PHLX Semiconductor ETF by 9.5% during the 2nd quarter. Bank of America Corp DE now owns 173,182 shares of the company’s stock valued at $7,561,000 after buying an additional 15,066 shares during the period. Finally, Meitav Investment House Ltd. raised its holdings in shares of Invesco PHLX Semiconductor ETF by 2.5% during the 1st quarter. Meitav Investment House Ltd. now owns 95,370 shares of the company’s stock valued at $5,694,000 after buying an additional 2,300 shares during the period.

Invesco PHLX Semiconductor ETF Stock Performance

Invesco PHLX Semiconductor ETF stock opened at $93.60 on Wednesday. The firm has a market capitalization of $2.66 billion, a PE ratio of 34.20 and a beta of 1.79. Invesco PHLX Semiconductor ETF has a one year low of $45.51 and a one year high of $115.34. The stock’s 50 day moving average price is $94.40 and its 200 day moving average price is $86.13.

Invesco PHLX Semiconductor ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.0773 dividend. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, June 22nd.

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.