Banco BTG Pactual S.A. Decreases Stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Banco BTG Pactual S.A. lowered its stake in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 101,745 shares of the company’s stock after selling 1,300 shares during the quarter. Invesco PHLX Semiconductor ETF accounts for 0.9% of Banco BTG Pactual S.A.’s investment portfolio, making the stock its 27th largest position. Banco BTG Pactual S.A.’s holdings in Invesco PHLX Semiconductor ETF were worth $4,020,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its stake in Invesco PHLX Semiconductor ETF by 9.1% during the fourth quarter. LPL Financial LLC now owns 412,352 shares of the company’s stock worth $16,172,000 after purchasing an additional 34,376 shares in the last quarter. Condor Capital Management purchased a new stake in shares of Invesco PHLX Semiconductor ETF in the fourth quarter valued at about $2,584,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Invesco PHLX Semiconductor ETF by 1,262.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,799 shares of the company’s stock valued at $71,000 after acquiring an additional 1,667 shares in the last quarter. Harbour Investments Inc. grew its holdings in Invesco PHLX Semiconductor ETF by 221.6% during the fourth quarter. Harbour Investments Inc. now owns 968 shares of the company’s stock worth $38,000 after acquiring an additional 667 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in Invesco PHLX Semiconductor ETF by 3.8% during the fourth quarter. Corient Private Wealth LLC now owns 20,114 shares of the company’s stock worth $789,000 after buying an additional 734 shares in the last quarter.

Invesco PHLX Semiconductor ETF Price Performance

NASDAQ SOXQ opened at $36.71 on Wednesday. The business has a 50 day moving average price of $38.78 and a 200 day moving average price of $39.56. The company has a market capitalization of $433.91 million, a P/E ratio of 30.96 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 1-year low of $33.70 and a 1-year high of $46.82.

Invesco PHLX Semiconductor ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.0693 per share. This is an increase from Invesco PHLX Semiconductor ETF’s previous dividend of $0.07. The ex-dividend date is Monday, March 24th.

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.