Commonwealth Equity Services LLC Sells 13,898 Shares of Invesco Semiconductors ETF $PSI

Commonwealth Equity Services LLC trimmed its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 21.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,893 shares of the company’s stock after selling 13,898 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Semiconductors ETF were worth $4,092,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of PSI. VSM Wealth Advisory LLC bought a new position in shares of Invesco Semiconductors ETF during the fourth quarter valued at about $34,000. Geneos Wealth Management Inc. bought a new position in shares of Invesco Semiconductors ETF during the fourth quarter valued at about $35,000. International Assets Investment Management LLC bought a new position in shares of Invesco Semiconductors ETF during the fourth quarter valued at about $60,000. Harbor Asset Planning Inc. raised its stake in shares of Invesco Semiconductors ETF by 20.7% during the fourth quarter. Harbor Asset Planning Inc. now owns 782 shares of the company’s stock valued at $62,000 after acquiring an additional 134 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of Invesco Semiconductors ETF by 483.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 835 shares of the company’s stock valued at $66,000 after acquiring an additional 692 shares during the last quarter.

Invesco Semiconductors ETF Stock Performance

Shares of NYSEARCA:PSI opened at $145.03 on Monday. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 29.05 and a beta of 1.80. The company has a 50-day moving average price of $131.30 and a 200-day moving average price of $103.88. Invesco Semiconductors ETF has a 12 month low of $53.86 and a 12 month high of $165.18.

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.