Caprock Group LLC acquired a new stake in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) in the third quarter, HoldingsChannel.com reports. The firm acquired 7,975 shares of the company’s stock, valued at approximately $561,000.
Several other institutional investors have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its stake in Invesco Semiconductors ETF by 833.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 151,834 shares of the company’s stock worth $9,129,000 after buying an additional 135,576 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Invesco Semiconductors ETF by 33.2% during the 2nd quarter. Captrust Financial Advisors now owns 243,386 shares of the company’s stock worth $14,593,000 after acquiring an additional 60,614 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of Invesco Semiconductors ETF in the second quarter worth approximately $2,398,000. M Holdings Securities Inc. purchased a new stake in Invesco Semiconductors ETF in the second quarter valued at approximately $1,219,000. Finally, Triton Financial Group Inc acquired a new position in Invesco Semiconductors ETF during the second quarter worth approximately $1,111,000.
Invesco Semiconductors ETF Stock Down 0.2%
NYSEARCA:PSI opened at $100.38 on Wednesday. The company has a market cap of $1.29 billion, a P/E ratio of 29.05 and a beta of 1.57. The firm’s 50 day moving average is $88.87 and its two-hundred day moving average is $76.88. Invesco Semiconductors ETF has a fifty-two week low of $37.64 and a fifty-two week high of $103.99.
Invesco 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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.
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