Semiconductor stocks have unquestionably been the hottest part of the market, and the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) is an excellent way for investors to play the semiconductor space. I’m bullish on this sometimes overlooked semiconductor ETF based on the strong historical performance of its underlying index, its highly-rated portfolio of top semiconductor stocks from across the semiconductor value chain, and its favorable expense ratio. What Is the SOXQ ETF’s Strategy? SOXQ is bas
Invesco Ltd. (NYSE: IVZ), a leading global asset manager, announced today the launch of two new exchange-traded funds (ETFs) that capture timely technology themes – biotechnology and semiconductors. The new ETFs will track the Nasdaq Biotechnology Index and the PHLX Semiconductor Sector Index. These indexes, which are maintained by Nasdaq, Inc. (Nasdaq), are the longest-standing benchmarks for each of the themes that have increased in relevance through the current events of the past year.