Marshall Investment Management LLC Purchases New Holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Marshall Investment Management LLC purchased a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 127,110 shares of the company’s stock, valued at approximately $5,177,000. Invesco PHLX Semiconductor ETF comprises 3.0% of Marshall Investment Management LLC’s investment portfolio, making the stock its 12th largest position. Marshall Investment Management LLC owned about 1.08% of Invesco PHLX Semiconductor ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in Invesco PHLX Semiconductor ETF by 14.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock worth $88,000 after buying an additional 275 shares during the last quarter. Silver Oak Securities Incorporated bought a new position in Invesco PHLX Semiconductor ETF during the 4th quarter worth approximately $206,000. Sigma Planning Corp acquired a new stake in shares of Invesco PHLX Semiconductor ETF during the 4th quarter worth approximately $208,000. Manchester Capital Management LLC raised its position in shares of Invesco PHLX Semiconductor ETF by 49.5% during the 4th quarter. Manchester Capital Management LLC now owns 5,518 shares of the company’s stock worth $216,000 after purchasing an additional 1,828 shares during the period. Finally, HighTower Advisors LLC acquired a new stake in shares of Invesco PHLX Semiconductor ETF during the 3rd quarter worth approximately $221,000.

Invesco PHLX Semiconductor ETF Trading Down 3.3 %

Shares of Invesco PHLX Semiconductor ETF stock opened at $40.43 on Friday. The business’s 50 day simple moving average is $40.36 and its 200-day simple moving average is $39.93. The stock has a market capitalization of $477.88 million, a price-to-earnings ratio of 29.37 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a twelve month low of $33.70 and a twelve month high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0689 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.