Traphagen Investment Advisors LLC Decreases Stock Position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Traphagen Investment Advisors LLC decreased its holdings in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 4.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,473 shares of the company’s stock after selling 260 shares during the period. Traphagen Investment Advisors LLC’s holdings in Invesco PHLX Semiconductor ETF were worth $215,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in Invesco PHLX Semiconductor ETF by 32.0% in 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. JPMorgan Chase & Co. raised its holdings in shares of Invesco PHLX Semiconductor ETF by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock worth $3,295,000 after buying an additional 7,797 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of 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 period. Kovack Advisors Inc. grew its holdings in shares of Invesco PHLX Semiconductor ETF by 50.2% during the third quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock valued at $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 shares of Invesco PHLX Semiconductor ETF in the 3rd quarter valued at $893,000.

Invesco PHLX Semiconductor ETF Price Performance

Shares of SOXQ stock opened at $42.35 on Wednesday. The business has a fifty day moving average of $39.79 and a 200 day moving average of $40.19. The firm has a market capitalization of $509.89 million, a price-to-earnings ratio of 29.37 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 1 year low of $33.25 and a 1 year high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued 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.