Rodgers & Associates LTD Makes New Investment in Invesco Semiconductors ETF $PSI

Rodgers & Associates LTD purchased a new stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 229,435 shares of the company’s stock, valued at approximately $43,092,000. Invesco Semiconductors ETF comprises about 3.2% of Rodgers & Associates LTD’s investment portfolio, making the stock its 11th biggest holding. Rodgers & Associates LTD owned approximately 1.36% of Invesco Semiconductors ETF as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the business. NFSG Corp boosted its holdings in shares of Invesco Semiconductors ETF by 55.6% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Harbour Investments Inc. increased its holdings in Invesco Semiconductors ETF by 2.6% during the fourth quarter. Harbour Investments Inc. now owns 4,644 shares of the company’s stock valued at $366,000 after buying an additional 116 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in Invesco Semiconductors ETF by 2.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,652 shares of the company’s stock worth $367,000 after acquiring an additional 124 shares during the period. 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. Finally, Sanctuary Advisors LLC boosted its stake in shares of Invesco Semiconductors ETF by 5.0% during the 1st quarter. Sanctuary Advisors LLC now owns 4,071 shares of the company’s stock worth $384,000 after acquiring an additional 195 shares during the last quarter.

Invesco Semiconductors ETF Price Performance

Shares of PSI stock 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 firm has a fifty day moving average price of $147.88 and a 200-day moving average price of $133.52. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 29.05 and a beta of 1.79.

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.