Eagle Global Advisors LLC Sells 8,222 Shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Eagle Global Advisors LLC lessened its holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQFree Report) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 340,474 shares of the company’s stock after selling 8,222 shares during the quarter. Eagle Global Advisors LLC owned approximately 5.39% of Invesco PHLX Semiconductor ETF worth $11,188,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Global Retirement Partners LLC raised its holdings in Invesco PHLX Semiconductor ETF by 51.1% during the 4th quarter. Global Retirement Partners LLC now owns 4,545 shares of the company’s stock worth $147,000 after buying an additional 1,537 shares during the period. L.M. Kohn & Company raised its holdings in Invesco PHLX Semiconductor ETF by 23.1% during the 3rd quarter. L.M. Kohn & Company now owns 10,675 shares of the company’s stock worth $289,000 after buying an additional 2,000 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Invesco PHLX Semiconductor ETF by 22.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 29,635 shares of the company’s stock worth $802,000 after buying an additional 5,354 shares during the period. Wealthcare Advisory Partners LLC acquired a new stake in Invesco PHLX Semiconductor ETF during the 4th quarter worth approximately $207,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in Invesco PHLX Semiconductor ETF during the 4th quarter worth approximately $322,000.

Invesco PHLX Semiconductor ETF Stock Performance

SOXQ stock traded up $0.74 during mid-day trading on Friday, hitting $41.12. 369,503 shares of the company were exchanged, compared to its average volume of 224,036. The firm has a market cap of $398.86 million, a P/E ratio of 29.37 and a beta of 1.56. The firm’s 50 day simple moving average is $37.75 and its 200 day simple moving average is $34.66. Invesco PHLX Semiconductor ETF has a 1-year low of $24.82 and a 1-year high of $41.46.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.0687 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.67%.

About Invesco PHLX Semiconductor ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

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