Global Retirement Partners LLC Trims Stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Global Retirement Partners LLC cut its stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,973 shares of the company’s stock after selling 430 shares during the period. Global Retirement Partners LLC owned about 0.07% of Invesco PHLX Semiconductor ETF worth $313,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new position in Invesco PHLX Semiconductor ETF in the 4th quarter worth about $6,320,000. Mirae Asset Global Investments Co. Ltd. grew its stake in Invesco PHLX Semiconductor ETF by 32.0% in the third 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. JPMorgan Chase & Co. increased its holdings in Invesco PHLX Semiconductor ETF by 10.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock worth $3,295,000 after purchasing an additional 7,797 shares during the period. Global X Japan Co. Ltd. raised its position in Invesco PHLX Semiconductor ETF by 91.8% during the 4th quarter. Global X Japan Co. Ltd. now owns 63,097 shares of the company’s stock valued at $2,475,000 after purchasing an additional 30,197 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in 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 worth $1,263,000 after acquiring an additional 11,400 shares during the period.

Invesco PHLX Semiconductor ETF Trading Down 2.5 %

SOXQ opened at $39.41 on Tuesday. Invesco PHLX Semiconductor ETF has a 12 month low of $33.70 and a 12 month high of $46.82. The firm has a market cap of $465.83 million, a price-to-earnings ratio of 29.37 and a beta of 1.56. The stock has a fifty day moving average price of $40.36 and a 200-day moving average price of $40.00.

Invesco PHLX Semiconductor ETF Cuts Dividend

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

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.