Envestnet Asset Management Inc. Purchases 772 Shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Envestnet Asset Management Inc. raised its position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 5.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 14,896 shares of the company’s stock after acquiring an additional 772 shares during the period. Envestnet Asset Management Inc. owned about 0.13% of Invesco PHLX Semiconductor ETF worth $501,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV raised its stake in shares of Invesco PHLX Semiconductor ETF by 24.6% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 2,241 shares of the company’s stock worth $75,000 after purchasing an additional 442 shares in the last quarter. FWL Investment Management LLC raised its stake in shares of Invesco PHLX Semiconductor ETF by 51,760.0% during the 4th quarter. FWL Investment Management LLC now owns 2,593 shares of the company’s stock worth $102,000 after purchasing an additional 2,588 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF during the 4th quarter worth approximately $256,000. Topsail Wealth Management LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF during the 4th quarter worth approximately $257,000. Finally, Pacific Sun Financial Corp raised its stake in shares of Invesco PHLX Semiconductor ETF by 38.5% during the 1st quarter. Pacific Sun Financial Corp now owns 10,052 shares of the company’s stock worth $338,000 after purchasing an additional 2,795 shares in the last quarter.

Invesco PHLX Semiconductor ETF Stock Down 1.1%

Shares of Invesco PHLX Semiconductor ETF stock opened at $43.81 on Wednesday. Invesco PHLX Semiconductor ETF has a 12-month low of $26.71 and a 12-month high of $45.82. The stock has a market cap of $493.30 million, a P/E ratio of 34.20 and a beta of 1.56. The business’s 50 day moving average is $42.64 and its 200-day moving average is $38.45.

Invesco PHLX Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.074 per share. The ex-dividend date was Monday, June 23rd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.07.

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.