Pacific Sun Financial Corp Buys Shares of 7,257 Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Pacific Sun Financial Corp bought a new stake in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,257 shares of the company’s stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new stake in Invesco PHLX Semiconductor ETF in the fourth quarter valued at $6,320,000. Mirae Asset Global Investments Co. Ltd. raised its position in Invesco PHLX Semiconductor ETF by 32.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,400 shares of the company’s stock valued at $3,508,000 after purchasing an additional 20,700 shares during the period. JPMorgan Chase & Co. raised its position in Invesco PHLX Semiconductor ETF by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock valued at $3,295,000 after purchasing an additional 7,797 shares during the period. Global X Japan Co. Ltd. raised its position in Invesco PHLX Semiconductor ETF by 91.8% in the fourth quarter. Global X Japan Co. Ltd. now owns 63,097 shares of the company’s stock valued at $2,475,000 after purchasing an additional 30,197 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in Invesco PHLX Semiconductor ETF by 58.2% in the third 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.

Invesco PHLX Semiconductor ETF Trading Up 1.2 %

SOXQ stock opened at $41.80 on Thursday. The company has a market capitalization of $494.08 million, a PE ratio of 29.37 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 12-month low of $33.70 and a 12-month high of $46.82. The business’s fifty day moving average price is $40.31 and its 200 day moving average price is $39.89.

Invesco PHLX Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0689 dividend. The ex-dividend date of this dividend 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.