Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Reaches New 1-Year High – What’s Next?

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)’s stock price reached a new 52-week high on Monday . The company traded as high as $114.80 and last traded at $114.80, with a volume of 63557 shares traded. The stock had previously closed at $112.78.

Invesco PHLX Semiconductor ETF Trading Up 2.1%

The company has a market capitalization of $2.22 billion, a P/E ratio of 34.20 and a beta of 1.78. The company’s 50 day moving average is $91.52 and its 200-day moving average is $71.58.

Invesco PHLX Semiconductor ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be issued a $0.0773 dividend. The ex-dividend date is Monday, June 22nd.

Hedge Funds Weigh In On Invesco PHLX Semiconductor ETF

Several large investors have recently made changes to their positions in the business. Cetera Investment Advisers grew its stake in shares of Invesco PHLX Semiconductor ETF by 2.8% in the 4th quarter. Cetera Investment Advisers now owns 6,678 shares of the company’s stock worth $372,000 after buying an additional 182 shares during the last quarter. Global Retirement Partners LLC raised its stake in Invesco PHLX Semiconductor ETF by 0.8% during the fourth quarter. Global Retirement Partners LLC now owns 23,318 shares of the company’s stock valued at $1,300,000 after buying an additional 189 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Invesco PHLX Semiconductor ETF by 0.3% during the third quarter. JPMorgan Chase & Co. now owns 81,118 shares of the company’s stock valued at $4,066,000 after buying an additional 235 shares during the last quarter. Almanack Investment Partners LLC. boosted its holdings in Invesco PHLX Semiconductor ETF by 2.2% in the fourth quarter. Almanack Investment Partners LLC. now owns 15,437 shares of the company’s stock worth $861,000 after acquiring an additional 333 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of Invesco PHLX Semiconductor ETF by 1.5% in the fourth quarter. Corient Private Wealth LLC now owns 26,706 shares of the company’s stock worth $1,489,000 after acquiring an additional 385 shares during the last quarter.

About Invesco PHLX Semiconductor ETF

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.