Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Short Interest Update

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,751,018 shares, a growth of 73.0% from the May 31st total of 1,012,256 shares. Based on an average daily trading volume, of 3,997,985 shares, the days-to-cover ratio is presently 0.4 days. Currently, 9.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco PHLX Semiconductor ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Marshall Investment Management LLC increased its stake in shares of Invesco PHLX Semiconductor ETF by 460.0% in the third quarter. Marshall Investment Management LLC now owns 56,979 shares of the company’s stock worth $2,856,000 after buying an additional 46,805 shares during the last quarter. WBI Investments LLC grew its holdings in Invesco PHLX Semiconductor ETF by 49.0% during the 3rd quarter. WBI Investments LLC now owns 46,306 shares of the company’s stock worth $2,321,000 after acquiring an additional 15,232 shares in the last quarter. Condor Capital Management grew its holdings in Invesco PHLX Semiconductor ETF by 58.0% during the 4th quarter. Condor Capital Management now owns 192,807 shares of the company’s stock worth $10,753,000 after acquiring an additional 70,746 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Invesco PHLX Semiconductor ETF by 21.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 60,510 shares of the company’s stock worth $3,375,000 after purchasing an additional 10,510 shares during the last quarter. Finally, Meridian Wealth Management LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF in the 4th quarter valued at about $1,849,000.

Invesco PHLX Semiconductor ETF Stock Down 6.3%

Shares of Invesco PHLX Semiconductor ETF stock traded down $6.59 during trading hours on Thursday, hitting $98.52. 3,477,302 shares of the company’s stock traded hands, compared to its average volume of 1,756,895. Invesco PHLX Semiconductor ETF has a twelve month low of $42.67 and a twelve month high of $115.34. The company has a market cap of $2.54 billion, a PE ratio of 34.20 and a beta of 1.76. The stock has a 50 day simple moving average of $97.25 and a 200-day simple moving average of $74.43.

Invesco PHLX Semiconductor ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.0773 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.31 annualized dividend and a yield of 0.3%.

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.