C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases Shares of 14,901 Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,901 shares of the company’s stock, valued at approximately $584,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. SG Americas Securities LLC bought a new position in Invesco PHLX Semiconductor ETF in the fourth quarter worth approximately $6,320,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in Invesco PHLX Semiconductor ETF by 32.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,400 shares of the company’s stock worth $3,508,000 after purchasing an additional 20,700 shares during the period. JPMorgan Chase & Co. lifted its position in Invesco PHLX Semiconductor ETF by 10.7% during the third quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock valued at $3,295,000 after purchasing an additional 7,797 shares in the last quarter. Global X Japan Co. Ltd. lifted its position in Invesco PHLX Semiconductor ETF by 91.8% during 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 in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Invesco PHLX Semiconductor ETF by 58.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,000 shares of the company’s stock worth $1,263,000 after buying an additional 11,400 shares in the last quarter.

Invesco PHLX Semiconductor ETF Stock Up 1.2 %

NASDAQ SOXQ opened at $41.80 on Thursday. Invesco PHLX Semiconductor ETF has a 52 week low of $33.70 and a 52 week high of $46.82. The company has a market capitalization of $494.08 million, a P/E ratio of 29.37 and a beta of 1.56. The stock’s 50-day moving average price is $40.31 and its 200-day moving average price is $39.89.

Invesco PHLX Semiconductor ETF Cuts Dividend

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