Oppenheimer & Co. Inc. Buys New Stake in Invesco PHLX Semiconductor ETF $SOXQ

Oppenheimer & Co. Inc. purchased a new position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the third quarter, Holdings Channel reports. The institutional investor purchased 13,764 shares of the company’s stock, valued at approximately $1,368,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Nwam LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the 2nd quarter worth approximately $10,225,000. TD Waterhouse Canada Inc. increased its holdings in shares of Invesco PHLX Semiconductor ETF by 9,171.3% in the second quarter. TD Waterhouse Canada Inc. now owns 41,350 shares of the company’s stock valued at $4,635,000 after purchasing an additional 40,904 shares during the period. Royal Bank of Canada raised its stake in shares of Invesco PHLX Semiconductor ETF by 2,784.8% during the first quarter. Royal Bank of Canada now owns 37,099 shares of the company’s stock worth $2,215,000 after purchasing an additional 35,813 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF during the second quarter worth approximately $3,001,000. Finally, Capital Investment Advisors LLC raised its stake in shares of Invesco PHLX Semiconductor ETF by 37.9% during the third quarter. Capital Investment Advisors LLC now owns 73,395 shares of the company’s stock worth $7,295,000 after purchasing an additional 20,188 shares during the last quarter.

Invesco PHLX Semiconductor ETF Price Performance

Shares of NASDAQ SOXQ opened at $84.12 on Monday. The stock has a fifty day moving average price of $93.41 and a 200 day moving average price of $84.61. Invesco PHLX Semiconductor ETF has a 1-year low of $48.51 and a 1-year high of $115.34. The company has a market cap of $2.78 billion, a PE ratio of 34.20 and a beta of 1.79.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.0845 dividend. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.0773. The ex-dividend date was Monday, September 21st. This represents a $0.34 annualized dividend and a dividend yield of 0.4%.

Invesco PHLX Semiconductor ETF 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.