Mirae Asset Global Investments Co. Ltd. Purchases 50,000 Shares of Invesco PHLX Semiconductor ETF $SOXQ

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 50,000 shares of the company’s stock, valued at approximately $4,970,000. Mirae Asset Global Investments Co. Ltd. owned 0.15% of Invesco PHLX Semiconductor ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Nwam LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF in the second quarter worth about $10,225,000. TD Waterhouse Canada Inc. boosted its holdings in Invesco PHLX Semiconductor ETF by 9,171.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 41,350 shares of the company’s stock valued at $4,635,000 after acquiring an additional 40,904 shares during the period. Royal Bank of Canada boosted its holdings in Invesco PHLX Semiconductor ETF by 2,784.8% during the 1st quarter. Royal Bank of Canada now owns 37,099 shares of the company’s stock valued at $2,215,000 after acquiring an additional 35,813 shares during the period. NewEdge Advisors LLC purchased a new stake in Invesco PHLX Semiconductor ETF during the 2nd quarter valued at about $3,001,000. Finally, Capital Investment Advisors LLC grew its position in Invesco PHLX Semiconductor ETF by 37.9% during the 3rd quarter. Capital Investment Advisors LLC now owns 73,395 shares of the company’s stock worth $7,295,000 after acquiring an additional 20,188 shares during the last quarter.

Invesco PHLX Semiconductor ETF Price Performance

Shares of Invesco PHLX Semiconductor ETF stock opened at $70.91 on Friday. The business’s 50 day simple moving average is $92.44 and its two-hundred day simple moving average is $84.96. The stock has a market capitalization of $2.32 billion, a P/E ratio of 34.20 and a beta of 1.85. Invesco PHLX Semiconductor ETF has a one year low of $48.51 and a one year high of $115.34.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.0845 dividend. This is a positive change from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.0773. This represents a $0.34 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, September 21st.

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.