Silver Oak Securities Incorporated Makes New $206,000 Investment in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Silver Oak Securities Incorporated bought a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,212 shares of the company’s stock, valued at approximately $206,000.

Other large investors have also made changes to their positions in the company. Truist Financial Corp lifted its holdings in Invesco PHLX Semiconductor ETF by 20.1% during the 2nd quarter. Truist Financial Corp now owns 12,087 shares of the company’s stock valued at $521,000 after purchasing an additional 2,019 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Invesco PHLX Semiconductor ETF by 32.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,400 shares of the company’s stock worth $3,508,000 after buying an additional 20,700 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Invesco PHLX Semiconductor ETF by 14.6% in the third quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock valued at $88,000 after acquiring an additional 275 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Invesco PHLX Semiconductor ETF by 58.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,000 shares of the company’s stock worth $1,263,000 after acquiring an additional 11,400 shares in the last quarter. Finally, Kovack Advisors Inc. grew its position in Invesco PHLX Semiconductor ETF by 50.2% during the 3rd quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock worth $1,018,000 after acquiring an additional 8,350 shares during the last quarter.

Invesco PHLX Semiconductor ETF Stock Performance

Shares of SOXQ opened at $39.45 on Monday. The company has a market cap of $466.30 million, a price-to-earnings ratio of 29.37 and a beta of 1.56. The stock has a fifty day moving average price of $40.15 and a two-hundred day moving average price of $39.81. Invesco PHLX Semiconductor ETF has a 52-week low of $33.70 and a 52-week high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0689 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.