Marshall Investment Management LLC Invests $5.18 Million in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Marshall Investment Management LLC bought a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the 4th quarter, HoldingsChannel reports. The fund bought 127,110 shares of the company’s stock, valued at approximately $5,177,000. Invesco PHLX Semiconductor ETF comprises 3.0% of Marshall Investment Management LLC’s portfolio, making the stock its 12th biggest position.

Several other large investors have also recently added to or reduced their stakes in SOXQ. Mirae Asset Global Investments Co. Ltd. increased its position 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 valued at $3,508,000 after acquiring an additional 20,700 shares during the period. Farther Finance Advisors LLC increased its position in Invesco PHLX Semiconductor ETF by 14.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,161 shares of the company’s stock valued at $88,000 after acquiring an additional 275 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Invesco PHLX Semiconductor ETF by 58.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,000 shares of the company’s stock valued at $1,263,000 after purchasing an additional 11,400 shares during the period. Kovack Advisors Inc. increased its position in shares of Invesco PHLX Semiconductor ETF by 50.2% during the 3rd quarter. Kovack Advisors Inc. now owns 25,000 shares of the company’s stock valued at $1,018,000 after purchasing an additional 8,350 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF during the 3rd quarter valued at $893,000.

Invesco PHLX Semiconductor ETF Stock Performance

Shares of SOXQ stock opened at $40.43 on Friday. Invesco PHLX Semiconductor ETF has a 1 year low of $33.70 and a 1 year high of $46.82. The stock has a market cap of $477.88 million, a PE ratio of 29.37 and a beta of 1.56. The business’s fifty day moving average is $40.36 and its 200-day moving average is $39.93.

Invesco PHLX Semiconductor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0689 per share. The ex-dividend date 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.