Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. trimmed its stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 48.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,400 shares of the company’s stock after selling 83,600 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco PHLX Semiconductor ETF were worth $2,938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SOXQ. Advisor Group Holdings Inc. lifted its position in Invesco PHLX Semiconductor ETF by 959.8% during the 1st quarter. Advisor Group Holdings Inc. now owns 3,476 shares of the company’s stock worth $95,000 after acquiring an additional 3,148 shares during the period. Bank of America Corp DE raised its stake in shares of Invesco PHLX Semiconductor ETF by 7.9% during the 1st quarter. Bank of America Corp DE now owns 14,191 shares of the company’s stock worth $384,000 after buying an additional 1,041 shares in the last quarter. LPL Financial LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF during the 2nd quarter worth approximately $367,000. Jane Street Group LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF during the 2nd quarter worth approximately $676,000. Finally, Royal Bank of Canada raised its stake in shares of Invesco PHLX Semiconductor ETF by 11,038.6% during the 3rd quarter. Royal Bank of Canada now owns 14,146 shares of the company’s stock worth $257,000 after buying an additional 14,019 shares in the last quarter.

Invesco PHLX Semiconductor ETF Trading Down 3.2 %

Shares of SOXQ stock opened at $36.00 on Thursday. The company has a market cap of $341.28 million, a price-to-earnings ratio of 29.87 and a beta of 1.81. The stock has a 50 day simple moving average of $37.55 and a 200-day simple moving average of $32.73. Invesco PHLX Semiconductor ETF has a 12-month low of $22.61 and a 12-month high of $41.12.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.0687 per share. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Monday, March 18th.

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.