StoneX Group Inc. Makes New Investment in Invesco PHLX Semiconductor ETF $SOXQ

StoneX Group Inc. purchased a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 12,133 shares of the company’s stock, valued at approximately $1,157,000.

Other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC acquired a new stake in Invesco PHLX Semiconductor ETF during the 2nd quarter worth about $625,000. Baird Financial Group Inc. purchased a new stake in Invesco PHLX Semiconductor ETF during the second quarter valued at about $2,191,000. Nwam LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the second quarter worth about $10,225,000. Pointe Capital Management LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the second quarter worth about $1,052,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Invesco PHLX Semiconductor ETF by 226.3% in the second quarter. Envestnet Asset Management Inc. now owns 24,012 shares of the company’s stock worth $2,692,000 after buying an additional 16,654 shares during the period.

Invesco PHLX Semiconductor ETF Price Performance

Invesco PHLX Semiconductor ETF stock opened at $79.01 on Tuesday. The firm’s 50 day simple moving average is $91.82 and its 200-day simple moving average is $85.10. The company has a market cap of $2.65 billion, a P/E ratio of 27.43 and a beta of 1.85. Invesco PHLX Semiconductor ETF has a fifty-two week low of $48.51 and a fifty-two week high of $115.34.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a $0.0845 dividend. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.0773. The ex-dividend date was Monday, September 21st. This represents a $0.34 annualized dividend and a dividend yield of 0.4%.

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.