WealthShield Partners LLC Lowers Position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

WealthShield Partners LLC cut its stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 50.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 750 shares of the company’s stock after selling 750 shares during the quarter. WealthShield Partners LLC’s holdings in Invesco PHLX Semiconductor ETF were worth $29,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of SOXQ. SG Americas Securities LLC purchased a new position in Invesco PHLX Semiconductor ETF during the fourth quarter valued at $6,320,000. Marshall Investment Management LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF in the fourth quarter valued at about $5,177,000. Global X Japan Co. Ltd. lifted its position in shares of Invesco PHLX Semiconductor ETF by 91.8% in the fourth quarter. Global X Japan Co. Ltd. now owns 63,097 shares of the company’s stock valued at $2,475,000 after acquiring an additional 30,197 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF in the third quarter valued at about $893,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Invesco PHLX Semiconductor ETF by 32.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,400 shares of the company’s stock valued at $3,508,000 after acquiring an additional 20,700 shares in the last quarter.

Invesco PHLX Semiconductor ETF Stock Down 2.3 %

Shares of Invesco PHLX Semiconductor ETF stock opened at $38.52 on Wednesday. The stock’s 50-day simple moving average is $40.32 and its 200-day simple moving average is $40.01. 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 $441.44 million, a price-to-earnings ratio of 33.73 and a beta of 1.49.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.0689 dividend. 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.