Breiter Capital Management Inc. Takes $1.08 Million Position in Invesco Dynamic Semiconductors ETF (NYSEARCA:PSI)

Breiter Capital Management Inc. acquired a new stake in shares of Invesco Dynamic Semiconductors ETF (NYSEARCA:PSI) during the fourth quarter, Holdings Channel reports. The fund acquired 16,088 shares of the company’s stock, valued at approximately $1,080,000. Invesco Dynamic Semiconductors ETF makes up about 1.2% of Breiter Capital Management Inc.’s investment portfolio, making the stock its 29th biggest position.

Several other large investors also recently made changes to their positions in the company. Cetera Advisor Networks LLC lifted its holdings in Invesco Dynamic Semiconductors ETF by 0.9% in the third quarter. Cetera Advisor Networks LLC now owns 17,109 shares of the company’s stock worth $996,000 after buying an additional 161 shares during the period. Winslow Evans & Crocker Inc. lifted its holdings in shares of Invesco Dynamic Semiconductors ETF by 4.2% during the third quarter. Winslow Evans & Crocker Inc. now owns 4,414 shares of the company’s stock valued at $258,000 after purchasing an additional 176 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Invesco Dynamic Semiconductors ETF by 1.2% during the second quarter. Jane Street Group LLC now owns 15,439 shares of the company’s stock valued at $839,000 after purchasing an additional 188 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Invesco Dynamic Semiconductors ETF by 42.4% during the third quarter. Tower Research Capital LLC TRC now owns 11,820 shares of the company’s stock valued at $683,000 after purchasing an additional 3,517 shares during the last quarter. Finally, Jackson Financial Management lifted its holdings in shares of Invesco Dynamic Semiconductors ETF by 5.3% during the fourth quarter. Jackson Financial Management now owns 73,255 shares of the company’s stock valued at $4,920,000 after purchasing an additional 3,660 shares during the last quarter.

In other news, insider (Tony) Robinson Antony acquired 300,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was bought at an average cost of $1.00 per share, for a total transaction of $300,000.00. Also, insider Dwyer Paul acquired 501,852 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average price of $2.80 per share, with a total value of $1,405,185.60.

PSI stock opened at $72.37 on Friday. The firm has a 50 day moving average price of $67.25 and a 200-day moving average price of $60.81. Invesco Dynamic Semiconductors ETF has a 52-week low of $46.55 and a 52-week high of $72.39.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.0902 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.50%. This is a positive change from Invesco Dynamic Semiconductors ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Monday, December 23rd.

Invesco Dynamic Semiconductors ETF Company 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.

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Institutional Ownership by Quarter for Invesco Dynamic Semiconductors ETF (NYSEARCA:PSI)

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