Mirae Asset Global Investments Co. Ltd. Purchases 20,700 Shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Mirae Asset Global Investments Co. Ltd. raised its stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 32.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,400 shares of the company’s stock after purchasing an additional 20,700 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.68% of Invesco PHLX Semiconductor ETF worth $3,508,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SOXQ. WASHINGTON TRUST Co acquired a new position in shares of Invesco PHLX Semiconductor ETF in the second quarter valued at $28,000. Beacon Capital Management LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the second quarter valued at $55,000. Future Financial Wealth Managment LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the third quarter valued at $58,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Invesco PHLX Semiconductor ETF in the first quarter valued at $251,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the first quarter valued at $297,000.

Invesco PHLX Semiconductor ETF Price Performance

NASDAQ:SOXQ opened at $42.03 on Wednesday. Invesco PHLX Semiconductor ETF has a one year low of $24.82 and a one year high of $46.82. The company has a market cap of $516.97 million, a P/E ratio of 29.37 and a beta of 1.56. The firm’s fifty day moving average price is $40.07 and its two-hundred day moving average price is $40.30.

Invesco PHLX Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.068 dividend. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.06. This represents a $0.27 annualized dividend and a dividend yield of 0.65%.

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.