Nwam LLC Invests $10.22 Million in Invesco PHLX Semiconductor ETF $SOXQ

Nwam LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the second quarter, HoldingsChannel reports. The institutional investor purchased 91,217 shares of the company’s stock, valued at approximately $10,225,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake in Invesco PHLX Semiconductor ETF by 215.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 245,267 shares of the company’s stock valued at $10,698,000 after buying an additional 167,554 shares during the last quarter. Condor Capital Management boosted its stake in shares of Invesco PHLX Semiconductor ETF by 58.0% in the 4th quarter. Condor Capital Management now owns 192,807 shares of the company’s stock worth $10,753,000 after buying an additional 70,746 shares during the last quarter. VestGen Advisors LLC boosted its stake in shares of Invesco PHLX Semiconductor ETF by 379.3% in the 4th quarter. VestGen Advisors LLC now owns 76,239 shares of the company’s stock worth $4,252,000 after buying an additional 60,334 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Invesco PHLX Semiconductor ETF by 2,784.8% in the first quarter. Royal Bank of Canada now owns 37,099 shares of the company’s stock worth $2,215,000 after acquiring an additional 35,813 shares during the period. Finally, Meridian Wealth Management LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the fourth quarter worth $1,849,000.

Invesco PHLX Semiconductor ETF Stock Performance

Invesco PHLX Semiconductor ETF stock opened at $90.76 on Tuesday. Invesco PHLX Semiconductor ETF has a one year low of $43.35 and a one year high of $115.34. The stock has a fifty day moving average of $96.39 and a 200 day moving average of $85.00. The stock has a market cap of $2.58 billion, a PE ratio of 34.20 and a beta of 1.79.

Invesco PHLX Semiconductor ETF Announces Dividend

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

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.