Sumitomo Mitsui Trust Group Inc. Acquires 25,500 Shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 212.5% during the first quarter, Holdings Channel.com reports. The fund owned 37,500 shares of the company’s stock after buying an additional 25,500 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Invesco PHLX Semiconductor ETF were worth $1,262,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. LPL Financial LLC raised its holdings in Invesco PHLX Semiconductor ETF by 9.1% during the fourth quarter. LPL Financial LLC now owns 412,352 shares of the company’s stock valued at $16,172,000 after acquiring an additional 34,376 shares during the period. Eagle Global Advisors LLC raised its holdings in Invesco PHLX Semiconductor ETF by 0.3% during the fourth quarter. Eagle Global Advisors LLC now owns 338,832 shares of the company’s stock valued at $13,289,000 after acquiring an additional 1,125 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in Invesco PHLX Semiconductor ETF by 5.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 107,674 shares of the company’s stock valued at $3,623,000 after acquiring an additional 5,894 shares during the period. Global X Japan Co. Ltd. raised its holdings in Invesco PHLX Semiconductor ETF by 42.5% during the first quarter. Global X Japan Co. Ltd. now owns 89,899 shares of the company’s stock valued at $3,025,000 after acquiring an additional 26,802 shares during the period. Finally, Condor Capital Management bought a new stake in Invesco PHLX Semiconductor ETF during the fourth quarter valued at about $2,584,000.

Invesco PHLX Semiconductor ETF Stock Up 0.6%

NASDAQ:SOXQ opened at $44.42 on Friday. The business’s 50-day simple moving average is $39.09 and its two-hundred day simple moving average is $37.82. The stock has a market cap of $496.62 million, a PE ratio of 34.20 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 52 week low of $26.71 and a 52 week high of $46.82.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were given a dividend of $0.074 per share. This is a positive change from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.07. The ex-dividend date was Monday, June 23rd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.67%.

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.