VestGen Advisors LLC lifted its position in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) by 604.7% during the 3rd quarter, Holdings Channel reports. The firm owned 15,024 shares of the company’s stock after acquiring an additional 12,892 shares during the period. VestGen Advisors LLC’s holdings in Invesco Semiconductors ETF were worth $2,291,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Go Invest LLC purchased a new stake in shares of Invesco Semiconductors ETF during the third quarter worth about $34,000. First Bancorp Inc ME bought a new position in shares of Invesco Semiconductors ETF during the second quarter valued at approximately $43,000. Fifth Third Bancorp purchased a new stake in Invesco Semiconductors ETF in the first quarter worth $26,000. NFSG Corp boosted its holdings in Invesco Semiconductors ETF by 55.6% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new stake in Invesco Semiconductors ETF in the first quarter valued at $28,000.
Invesco Semiconductors ETF Price Performance
Shares of NYSEARCA PSI opened at $129.18 on Friday. Invesco Semiconductors ETF has a 1 year low of $66.93 and a 1 year high of $189.24. The stock has a market capitalization of $2.54 billion, a P/E ratio of 29.05 and a beta of 1.80. The company’s 50-day moving average is $138.27 and its 200 day moving average is $130.06.
Invesco Semiconductors ETF 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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.
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