Invesco Semiconductors ETF $PSI Shares Purchased by Royal Bank of Canada

Royal Bank of Canada boosted its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 5.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,433 shares of the company’s stock after acquiring an additional 7,482 shares during the period. Royal Bank of Canada’s holdings in Invesco Semiconductors ETF were worth $13,253,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. HighTower Advisors LLC boosted its holdings in shares of Invesco Semiconductors ETF by 205.5% during the 4th quarter. HighTower Advisors LLC now owns 543,240 shares of the company’s stock worth $42,840,000 after purchasing an additional 365,438 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Invesco Semiconductors ETF by 12.2% in the fourth quarter. LPL Financial LLC now owns 407,485 shares of the company’s stock valued at $32,134,000 after purchasing an additional 44,235 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Invesco Semiconductors ETF by 33.2% in the second quarter. Captrust Financial Advisors now owns 243,386 shares of the company’s stock valued at $14,593,000 after purchasing an additional 60,614 shares during the last quarter. Bank of America Corp DE lifted its position in Invesco Semiconductors ETF by 21.8% during the third quarter. Bank of America Corp DE now owns 230,135 shares of the company’s stock worth $16,184,000 after buying an additional 41,215 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Invesco Semiconductors ETF by 2.4% during the first quarter. Cetera Investment Advisers now owns 185,677 shares of the company’s stock worth $17,524,000 after buying an additional 4,296 shares in the last quarter.

Invesco Semiconductors ETF Stock Performance

NYSEARCA PSI opened at $148.42 on Friday. The stock’s fifty day moving average is $156.47 and its two-hundred day moving average is $127.55. The firm has a market capitalization of $2.50 billion, a P/E ratio of 29.05 and a beta of 1.79. Invesco Semiconductors ETF has a fifty-two week low of $58.62 and a fifty-two week high of $189.24.

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.