U.S. Capital Wealth Advisors LLC Takes Position in Invesco PHLX Semiconductor ETF $SOXQ

U.S. Capital Wealth Advisors LLC acquired a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,873 shares of the company’s stock, valued at approximately $256,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its stake in Invesco PHLX Semiconductor ETF by 5.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 107,674 shares of the company’s stock valued at $3,623,000 after buying an additional 5,894 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Invesco PHLX Semiconductor ETF by 5.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 14,896 shares of the company’s stock valued at $501,000 after purchasing an additional 772 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Invesco PHLX Semiconductor ETF by 5.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 23,124 shares of the company’s stock worth $778,000 after purchasing an additional 1,252 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in Invesco PHLX Semiconductor ETF in the 2nd quarter worth approximately $246,000. Finally, Creative Financial Designs Inc. ADV grew its position in Invesco PHLX Semiconductor ETF by 24.6% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 2,241 shares of the company’s stock worth $75,000 after purchasing an additional 442 shares during the last quarter.

Invesco PHLX Semiconductor ETF Trading Up 0.3%

NASDAQ SOXQ opened at $49.63 on Friday. Invesco PHLX Semiconductor ETF has a 12-month low of $26.71 and a 12-month high of $50.17. The company has a fifty day simple moving average of $45.88 and a two-hundred day simple moving average of $40.33. The stock has a market cap of $558.83 million, a P/E ratio of 34.20 and a beta of 1.56.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a $0.0741 dividend. This is a positive change from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.07. The ex-dividend date was Monday, September 22nd. This represents a $0.30 dividend on an annualized basis and a yield of 0.6%.

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.