Wedmont Private Capital Purchases Shares of 5,742 Invesco Semiconductors ETF $PSI

Wedmont Private Capital purchased a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,742 shares of the company’s stock, valued at approximately $1,078,000.

A number of other institutional investors have also modified their holdings of the stock. First Bancorp Inc ME purchased a new stake in shares of Invesco Semiconductors ETF in the second quarter worth about $43,000. Fifth Third Bancorp acquired a new stake in Invesco Semiconductors ETF during the first quarter worth about $26,000. NFSG Corp raised its position in 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 acquiring an additional 100 shares in the last quarter. Ascentis Independent Advisors purchased a new position in Invesco Semiconductors ETF during the first quarter valued at approximately $28,000. Finally, Orion Capital Management LLC acquired a new position in Invesco Semiconductors ETF in the second quarter valued at approximately $56,000.

Invesco Semiconductors ETF Trading Up 2.9%

Shares of NYSEARCA:PSI opened at $139.97 on Wednesday. Invesco Semiconductors ETF has a 12-month low of $64.74 and a 12-month high of $189.24. The business has a 50 day moving average of $144.49 and a two-hundred day moving average of $134.51. The company has a market capitalization of $2.36 billion, a PE 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.