Invesco Semiconductors ETF $PSI Stake Raised by M Holdings Securities Inc.

M Holdings Securities Inc. raised its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 90.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,118 shares of the company’s stock after acquiring an additional 19,583 shares during the quarter. Invesco Semiconductors ETF accounts for about 1.0% of M Holdings Securities Inc.’s portfolio, making the stock its 19th biggest holding. M Holdings Securities Inc.’s holdings in Invesco Semiconductors ETF were worth $7,723,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Royal Bank of Canada grew its stake in shares of Invesco Semiconductors ETF by 16.9% in the 1st quarter. Royal Bank of Canada now owns 91,275 shares of the company’s stock worth $4,325,000 after purchasing an additional 13,163 shares during the last quarter. Jane Street Group LLC acquired a new stake in Invesco Semiconductors ETF during the first quarter valued at approximately $540,000. Creative Planning bought a new stake in Invesco Semiconductors ETF during the second quarter worth approximately $351,000. Flow Traders U.S. LLC bought a new stake in Invesco Semiconductors ETF during the second quarter worth approximately $365,000. Finally, Ameriprise Financial Inc. grew its position in Invesco Semiconductors ETF by 833.9% in the second quarter. Ameriprise Financial Inc. now owns 151,834 shares of the company’s stock worth $9,129,000 after buying an additional 135,576 shares during the last quarter.

Invesco Semiconductors ETF Stock Performance

NYSEARCA PSI opened at $131.81 on Monday. The stock has a market capitalization of $2.22 billion, a P/E ratio of 29.05 and a beta of 1.79. Invesco Semiconductors ETF has a 1 year low of $60.78 and a 1 year high of $189.24. The business’s fifty day moving average is $150.58 and its two-hundred day moving average is $132.91.

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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.