6,340 Shares in Invesco Semiconductors ETF $PSI Purchased by MBA Advisors LLC

MBA Advisors LLC bought a new stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,340 shares of the company’s stock, valued at approximately $1,191,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. NFSG Corp increased its position in shares of Invesco Semiconductors ETF by 55.6% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the period. Fifth Third Bancorp bought a new position in Invesco Semiconductors ETF during the 1st quarter valued at approximately $26,000. Ascentis Independent Advisors bought a new position in shares of Invesco Semiconductors ETF during the first quarter valued at $28,000. VSM Wealth Advisory LLC bought a new stake in Invesco Semiconductors ETF during the 4th quarter valued at about $34,000. Finally, First Bancorp Inc ME purchased a new position in Invesco Semiconductors ETF in the 2nd quarter worth approximately $43,000.

Invesco Semiconductors ETF Price Performance

Shares of NYSEARCA:PSI opened at $129.21 on Thursday. Invesco Semiconductors ETF has a 1 year low of $61.01 and a 1 year high of $189.24. The stock’s fifty day moving average price is $147.88 and its 200-day moving average price is $133.52. The company has a market cap of $2.17 billion, a P/E ratio of 29.05 and a beta of 1.79.

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.