Wealthcare Advisory Partners LLC Buys New Stake in Invesco Semiconductors ETF $PSI

Wealthcare Advisory Partners LLC purchased a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,161 shares of the company’s stock, valued at approximately $249,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC increased its stake in Invesco Semiconductors ETF by 60.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 6,833 shares of the company’s stock worth $324,000 after buying an additional 2,563 shares during the period. Cetera Investment Advisers increased its stake in Invesco Semiconductors ETF by 772.1% during the 1st quarter. Cetera Investment Advisers now owns 195,453 shares of the company’s stock worth $9,261,000 after buying an additional 173,041 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of Invesco Semiconductors ETF by 1.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 101,200 shares of the company’s stock worth $4,795,000 after purchasing an additional 1,924 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Invesco Semiconductors ETF by 8.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 6,123 shares of the company’s stock worth $290,000 after purchasing an additional 500 shares during the last quarter. Finally, NBC Securities Inc. increased its position in shares of Invesco Semiconductors ETF by 101,600.0% in the 1st quarter. NBC Securities Inc. now owns 1,017 shares of the company’s stock worth $48,000 after purchasing an additional 1,016 shares during the last quarter.

Invesco Semiconductors ETF Stock Performance

PSI opened at $68.46 on Friday. The company has a 50-day moving average of $65.80 and a 200-day moving average of $57.31. The company has a market capitalization of $785.24 million, a P/E ratio of 29.05 and a beta of 1.39. Invesco Semiconductors ETF has a 1-year low of $37.64 and a 1-year high of $75.09.

Invesco Semiconductors ETF Company Profile

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.