Condor Capital Management Takes $2.58 Million Position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Condor Capital Management acquired a new position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 65,876 shares of the company’s stock, valued at approximately $2,584,000. Condor Capital Management owned approximately 0.56% of Invesco PHLX Semiconductor ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in Invesco PHLX Semiconductor ETF during the 4th quarter worth $6,320,000. Marshall Investment Management LLC acquired a new position in Invesco PHLX Semiconductor ETF in the fourth quarter valued at $5,177,000. Global X Japan Co. Ltd. increased its stake in Invesco PHLX Semiconductor ETF by 91.8% in the fourth quarter. Global X Japan Co. Ltd. now owns 63,097 shares of the company’s stock valued at $2,475,000 after purchasing an additional 30,197 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Invesco PHLX Semiconductor ETF in the fourth quarter valued at about $1,176,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF in the third quarter valued at about $893,000.

Invesco PHLX Semiconductor ETF Stock Up 1.0 %

Shares of NASDAQ:SOXQ opened at $36.55 on Thursday. The company has a market cap of $432.02 million, a price-to-earnings ratio of 30.96 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a fifty-two week low of $33.70 and a fifty-two week high of $46.82. The firm’s 50-day simple moving average is $39.05 and its 200-day simple moving average is $39.59.

Invesco PHLX Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.0689 per share. 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.