Mirae Asset Global Investments Co. Ltd. Trims Holdings in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Mirae Asset Global Investments Co. Ltd. trimmed its position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 48.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 89,400 shares of the company’s stock after selling 83,600 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 1.54% of Invesco PHLX Semiconductor ETF worth $2,938,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of SOXQ. UBS Group AG raised its stake in shares of Invesco PHLX Semiconductor ETF by 439.7% in the third quarter. UBS Group AG now owns 3,206 shares of the company’s stock worth $87,000 after purchasing an additional 2,612 shares during the last quarter. Advisor Group Holdings Inc. raised its stake in shares of Invesco PHLX Semiconductor ETF by 959.8% in the first quarter. Advisor Group Holdings Inc. now owns 3,476 shares of the company’s stock worth $95,000 after purchasing an additional 3,148 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of Invesco PHLX Semiconductor ETF by 51.2% in the second quarter. Osaic Holdings Inc. now owns 4,125 shares of the company’s stock worth $119,000 after purchasing an additional 1,396 shares during the last quarter. Global Retirement Partners LLC raised its stake in shares of Invesco PHLX Semiconductor ETF by 51.1% in the fourth quarter. Global Retirement Partners LLC now owns 4,545 shares of the company’s stock worth $147,000 after purchasing an additional 1,537 shares during the last quarter. Finally, MML Investors Services LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF in the second quarter worth about $207,000.

Invesco PHLX Semiconductor ETF Stock Down 3.2 %

Shares of NASDAQ:SOXQ opened at $36.00 on Thursday. Invesco PHLX Semiconductor ETF has a 52-week low of $22.61 and a 52-week high of $41.12. The stock has a market cap of $341.28 million, a price-to-earnings ratio of 29.87 and a beta of 1.81. The business has a 50-day moving average price of $37.55 and a 200-day moving average price of $32.73.

Invesco PHLX Semiconductor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.0687 per share. This represents a $0.27 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend was Monday, March 18th.

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.