Condor Capital Management Makes New Investment in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Condor Capital Management acquired a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the fourth quarter, HoldingsChannel reports. The firm acquired 65,876 shares of the company’s stock, valued at approximately $2,584,000.

A number of other institutional investors have also modified their holdings of the company. Harbour Investments Inc. increased its position 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 purchasing an additional 667 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in Invesco PHLX Semiconductor ETF by 1,262.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,799 shares of the company’s stock worth $71,000 after buying an additional 1,667 shares during the period. Silver Oak Securities Incorporated purchased a new stake in Invesco PHLX Semiconductor ETF during the fourth quarter worth approximately $206,000. Sigma Planning Corp purchased a new stake in Invesco PHLX Semiconductor ETF during the fourth quarter worth approximately $208,000. Finally, HighTower Advisors LLC purchased a new stake in Invesco PHLX Semiconductor ETF during the third quarter worth approximately $221,000.

Invesco PHLX Semiconductor ETF Stock Up 1.0 %

SOXQ opened at $36.55 on Thursday. Invesco PHLX Semiconductor ETF has a 52-week low of $33.70 and a 52-week high of $46.82. The company has a 50 day moving average of $39.05 and a two-hundred day moving average of $39.59. The company has a market cap of $432.02 million, a P/E ratio of 30.96 and a beta of 1.56.

Invesco PHLX Semiconductor ETF Cuts Dividend

The firm 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 was Monday, December 23rd.

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.