Pacific Sun Financial Corp Invests $285,000 in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Pacific Sun Financial Corp purchased a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,257 shares of the company’s stock, valued at approximately $285,000. Pacific Sun Financial Corp owned about 0.06% of Invesco PHLX Semiconductor ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SOXQ. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of 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 acquiring an additional 20,700 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Invesco PHLX Semiconductor ETF by 14.6% in the third quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock worth $88,000 after acquiring an additional 275 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in Invesco PHLX Semiconductor ETF by 58.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,000 shares of the company’s stock worth $1,263,000 after buying an additional 11,400 shares during the last quarter. Kovack Advisors Inc. boosted its stake in Invesco PHLX Semiconductor ETF by 50.2% during the third quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock worth $1,018,000 after buying an additional 8,350 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Invesco PHLX Semiconductor ETF during the third quarter worth $893,000.

Invesco PHLX Semiconductor ETF Stock Performance

NASDAQ SOXQ opened at $41.80 on Thursday. The stock’s fifty day moving average is $40.31 and its two-hundred day moving average is $39.89. The firm has a market capitalization of $494.08 million, a P/E ratio of 29.37 and a beta of 1.56. 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 business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders 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.

Invesco PHLX Semiconductor ETF Company 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.