Royal Bank of Canada Acquires 35,813 Shares of Invesco PHLX Semiconductor ETF $SOXQ

Royal Bank of Canada boosted its holdings in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 2,784.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,099 shares of the company’s stock after purchasing an additional 35,813 shares during the period. Royal Bank of Canada owned about 0.19% of Invesco PHLX Semiconductor ETF worth $2,215,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cetera Investment Advisers grew its position in shares of Invesco PHLX Semiconductor ETF by 78.8% in the 1st quarter. Cetera Investment Advisers now owns 11,940 shares of the company’s stock worth $713,000 after buying an additional 5,262 shares during the last quarter. Pacific Sun Financial Corp raised its holdings in shares of Invesco PHLX Semiconductor ETF by 4.8% during the first quarter. Pacific Sun Financial Corp now owns 11,472 shares of the company’s stock valued at $685,000 after acquiring an additional 530 shares in the last quarter. Global Assets Advisory LLC bought a new position in shares of Invesco PHLX Semiconductor ETF during the first quarter valued at approximately $39,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Invesco PHLX Semiconductor ETF by 19.3% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 29,000 shares of the company’s stock valued at $1,731,000 after acquiring an additional 4,700 shares in the last quarter. Finally, Meitav Investment House Ltd. increased its position in Invesco PHLX Semiconductor ETF by 2.5% during the 1st quarter. Meitav Investment House Ltd. now owns 95,370 shares of the company’s stock valued at $5,694,000 after purchasing an additional 2,300 shares during the period.

Invesco PHLX Semiconductor ETF Trading Up 1.7%

Shares of NASDAQ SOXQ opened at $99.37 on Tuesday. Invesco PHLX Semiconductor ETF has a 12 month low of $43.15 and a 12 month high of $115.34. The firm has a market capitalization of $2.82 billion, a PE ratio of 34.20 and a beta of 1.79. The firm has a fifty day simple moving average of $99.35 and a two-hundred day simple moving average of $82.98.

Invesco PHLX Semiconductor ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.0773 per share. This represents a $0.31 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, June 22nd.

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.