Farther Finance Advisors LLC Has $88,000 Holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Farther Finance Advisors LLC lifted its stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 14.6% in the 3rd quarter, Holdings Channel reports. The fund owned 2,161 shares of the company’s stock after acquiring an additional 275 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco PHLX Semiconductor ETF were worth $88,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. WASHINGTON TRUST Co acquired a new position in shares of Invesco PHLX Semiconductor ETF during the 2nd quarter worth about $28,000. Beacon Capital Management LLC acquired a new position in Invesco PHLX Semiconductor ETF in the 2nd quarter valued at $55,000. Future Financial Wealth Managment LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the 3rd quarter valued at approximately $58,000. Envestnet Portfolio Solutions Inc. acquired a new position in Invesco PHLX Semiconductor ETF during the first quarter valued at approximately $251,000. Finally, Janney Montgomery Scott LLC acquired a new position in Invesco PHLX Semiconductor ETF during the first quarter worth about $297,000.

Invesco PHLX Semiconductor ETF Stock Down 0.7 %

Shares of SOXQ stock opened at $40.27 on Wednesday. Invesco PHLX Semiconductor ETF has a twelve month low of $27.85 and a twelve month high of $46.82. The stock’s fifty day simple moving average is $40.05 and its 200 day simple moving average is $40.60. The firm has a market capitalization of $502.57 million, a P/E ratio of 29.37 and a beta of 1.56.

Invesco PHLX Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.068 dividend. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.27 annualized dividend and a dividend yield of 0.68%.

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.