Farther Finance Advisors LLC Purchases 12,426 Shares of Invesco PHLX Semiconductor ETF $SOXQ

Farther Finance Advisors LLC boosted its position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 7,141.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,600 shares of the company’s stock after purchasing an additional 12,426 shares during the quarter. Farther Finance Advisors LLC owned about 0.11% of Invesco PHLX Semiconductor ETF worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXQ. Creative Financial Designs Inc. ADV raised its holdings in 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 during the last quarter. Silver Oak Securities Incorporated acquired a new position in shares of Invesco PHLX Semiconductor ETF during the 2nd quarter worth about $246,000. Pacific Sun Financial Corp grew its position 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 buying an additional 2,795 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Invesco PHLX Semiconductor ETF by 5.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 14,896 shares of the company’s stock worth $501,000 after buying an additional 772 shares during the period. Finally, WBI Investments LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF during the 1st quarter worth about $613,000.

Invesco PHLX Semiconductor ETF Trading Up 0.3%

Invesco PHLX Semiconductor ETF stock opened at $49.63 on Friday. The firm has a market capitalization of $558.83 million, a P/E ratio of 34.20 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 1 year low of $26.71 and a 1 year high of $50.17. The business has a 50-day moving average of $45.88 and a 200-day moving average of $40.36.

Invesco PHLX Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a dividend of $0.0741 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, September 22nd. This is an increase from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.07.

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.