Journey Beyond Wealth LLC Acquires New Stake in Invesco PHLX Semiconductor ETF $SOXQ

Journey Beyond Wealth LLC acquired a new position in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,502 shares of the company’s stock, valued at approximately $2,038,000. Invesco PHLX Semiconductor ETF comprises approximately 1.5% of Journey Beyond Wealth LLC’s portfolio, making the stock its 16th largest position. Journey Beyond Wealth LLC owned approximately 0.06% of Invesco PHLX Semiconductor ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SOXQ. Continuum Advisory LLC acquired a new position in Invesco PHLX Semiconductor ETF during the 2nd quarter valued at $34,000. Triumph Capital Management bought a new stake in Invesco PHLX Semiconductor ETF in the 3rd quarter valued at $44,000. Roble Belko & Company Inc bought a new stake in Invesco PHLX Semiconductor ETF in the 2nd quarter valued at $70,000. Global Assets Advisory LLC acquired a new stake in Invesco PHLX Semiconductor ETF in the 1st quarter worth $39,000. Finally, GK Wealth Management LLC acquired a new stake in Invesco PHLX Semiconductor ETF in the 3rd quarter worth $68,000.

Invesco PHLX Semiconductor ETF Price Performance

NASDAQ SOXQ opened at $73.82 on Monday. The company’s fifty day moving average is $92.05 and its two-hundred day moving average is $85.02. Invesco PHLX Semiconductor ETF has a 52-week low of $48.51 and a 52-week high of $115.34. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 34.20 and a beta of 1.85.

Invesco PHLX Semiconductor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.0845 dividend. The ex-dividend date was Monday, September 21st. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.0773. This represents a $0.34 annualized dividend and a dividend yield of 0.5%.

Invesco PHLX Semiconductor ETF Company 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.