Private Advisor Group LLC increased its position in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 176,623 shares of the company’s stock after acquiring an additional 4,012 shares during the period. Private Advisor Group LLC’s holdings in Invesco Semiconductors ETF were worth $8,743,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of PSI. Geneos Wealth Management Inc. raised its stake in shares of Invesco Semiconductors ETF by 675.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 698 shares of the company’s stock valued at $35,000 after purchasing an additional 608 shares in the last quarter. MV Capital Management Inc. raised its holdings in Invesco Semiconductors ETF by 200.0% during the third quarter. MV Capital Management Inc. now owns 750 shares of the company’s stock worth $32,000 after purchasing an additional 500 shares in the last quarter. NBC Securities Inc. bought a new position in Invesco Semiconductors ETF during the 3rd quarter valued at $43,000. Global Retirement Partners LLC acquired a new position in shares of Invesco Semiconductors ETF during the 4th quarter valued at $66,000. Finally, Capital Investment Advisory Services LLC lifted its holdings in shares of Invesco Semiconductors ETF by 200.0% in the third quarter. Capital Investment Advisory Services LLC now owns 1,716 shares of the company’s stock valued at $73,000 after buying an additional 1,144 shares during the period.
Invesco Semiconductors ETF Stock Down 0.8 %
Invesco Semiconductors ETF stock traded down $0.42 during midday trading on Wednesday, hitting $55.29. The company’s stock had a trading volume of 12,877 shares, compared to its average volume of 69,381. Invesco Semiconductors ETF has a 12 month low of $36.48 and a 12 month high of $58.59. The stock’s 50-day moving average price is $54.96 and its 200-day moving average price is $49.62. The company has a market capitalization of $783.46 million, a PE ratio of 7.37 and a beta of 1.77.
About Invesco Semiconductors ETF
PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.
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