Silver Oak Securities Incorporated Makes New $206,000 Investment in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Silver Oak Securities Incorporated acquired a new position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,212 shares of the company’s stock, valued at approximately $206,000.

A number of other large investors have also made changes to their positions in SOXQ. Truist Financial Corp increased its stake in Invesco PHLX Semiconductor ETF by 20.1% during the second quarter. Truist Financial Corp now owns 12,087 shares of the company’s stock valued at $521,000 after acquiring an additional 2,019 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Invesco PHLX Semiconductor ETF by 32.0% during 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 in the last quarter. Farther Finance Advisors LLC increased its position in shares of Invesco PHLX Semiconductor ETF by 14.6% during the third quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock valued at $88,000 after purchasing an additional 275 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of 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 valued at $1,263,000 after purchasing an additional 11,400 shares in the last quarter. Finally, Kovack Advisors Inc. lifted its position in Invesco PHLX Semiconductor ETF by 50.2% in the third quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock worth $1,018,000 after purchasing an additional 8,350 shares during the period.

Invesco PHLX Semiconductor ETF Price Performance

SOXQ opened at $39.45 on Monday. The company has a market capitalization of $466.30 million, a P/E ratio of 29.37 and a beta of 1.56. The firm’s fifty day moving average price is $40.15 and its two-hundred day moving average price is $39.81. Invesco PHLX Semiconductor ETF has a fifty-two week low of $33.70 and a fifty-two week high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0689 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.