Nilsine Partners LLC Invests $1.43 Million in Invesco Semiconductors ETF $PSI

Nilsine Partners LLC purchased a new position in Invesco Semiconductors ETF (NYSEARCA:PSI) during the fourth quarter, Holdings Channel reports. The fund purchased 18,139 shares of the company’s stock, valued at approximately $1,430,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Creative Planning raised its position in Invesco Semiconductors ETF by 3.3% in the third quarter. Creative Planning now owns 6,050 shares of the company’s stock worth $425,000 after acquiring an additional 191 shares during the period. Mariner LLC boosted its stake in Invesco Semiconductors ETF by 2.4% in the third quarter. Mariner LLC now owns 8,707 shares of the company’s stock valued at $612,000 after acquiring an additional 207 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Invesco Semiconductors ETF by 5.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,537 shares of the company’s stock valued at $671,000 after acquiring an additional 467 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco Semiconductors ETF by 17.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,709 shares of the company’s stock worth $292,000 after purchasing an additional 538 shares during the last quarter. Finally, National Bank of Canada FI increased its stake in shares of Invesco Semiconductors ETF by 0.8% during the 3rd quarter. National Bank of Canada FI now owns 83,040 shares of the company’s stock worth $5,834,000 after purchasing an additional 635 shares during the last quarter.

Invesco Semiconductors ETF Trading Up 2.9%

NYSEARCA:PSI opened at $97.07 on Thursday. Invesco Semiconductors ETF has a 12 month low of $37.64 and a 12 month high of $105.74. The firm’s 50 day moving average is $96.52 and its 200 day moving average is $84.16. The stock has a market capitalization of $1.25 billion, a PE ratio of 29.05 and a beta of 1.57.

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.