Kestra Advisory Services LLC lifted its stake in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) by 6.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 96,563 shares of the company’s stock after purchasing an additional 5,981 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco Semiconductors ETF were worth $14,723,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. NFSG Corp boosted its stake in Invesco Semiconductors ETF by 55.6% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Fifth Third Bancorp purchased a new stake in Invesco Semiconductors ETF during the 1st quarter worth approximately $26,000. Ascentis Independent Advisors acquired a new position in Invesco Semiconductors ETF during the 1st quarter valued at approximately $28,000. Go Invest LLC acquired a new position in Invesco Semiconductors ETF during the 3rd quarter valued at approximately $34,000. Finally, First Bancorp Inc ME acquired a new position in Invesco Semiconductors ETF during the 2nd quarter valued at approximately $43,000.
Invesco Semiconductors ETF Price Performance
Shares of PSI stock opened at $103.07 on Monday. Invesco Semiconductors ETF has a 1 year low of $66.93 and a 1 year high of $189.24. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 29.05 and a beta of 1.87. The business has a fifty day moving average of $135.07 and a 200 day moving average of $130.66.
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.
Further Reading
- Five stocks we like better than Invesco Semiconductors ETF
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
- After the Midterms, Which of These 3 Defense ETFs Looks Strongest?
- The Ugly Truth Behind SoundHound’s Q3 Results
Want to see what other hedge funds are holding PSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report).
Receive News & Ratings for Invesco Semiconductors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Semiconductors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
