Nwam LLC Makes New $10.22 Million Investment in Invesco PHLX Semiconductor ETF $SOXQ

Nwam LLC bought a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 91,217 shares of the company’s stock, valued at approximately $10,225,000. Nwam LLC owned 0.32% of Invesco PHLX Semiconductor ETF as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SOXQ. Qube Research & Technologies Ltd bought a new stake in Invesco PHLX Semiconductor ETF during the third quarter worth about $35,000. Global Assets Advisory LLC bought a new position in shares of Invesco PHLX Semiconductor ETF during the first quarter valued at approximately $39,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco PHLX Semiconductor ETF by 112.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 954 shares of the company’s stock valued at $42,000 after purchasing an additional 505 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Invesco PHLX Semiconductor ETF in the 1st quarter worth approximately $44,000. Finally, Royal Bank of Canada grew its stake in shares of Invesco PHLX Semiconductor ETF by 118.7% in the 4th quarter. Royal Bank of Canada now owns 1,286 shares of the company’s stock worth $72,000 after buying an additional 698 shares during the last quarter.

Invesco PHLX Semiconductor ETF Stock Up 0.5%

SOXQ stock opened at $90.76 on Tuesday. The business has a 50 day moving average of $96.39 and a 200 day moving average of $85.00. The firm has a market cap of $2.58 billion, a PE ratio of 34.20 and a beta of 1.79. Invesco PHLX Semiconductor ETF has a twelve month low of $43.35 and a twelve month high of $115.34.

Invesco PHLX Semiconductor ETF Announces Dividend

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

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.