Warner Group LLC Has $14.66 Million Holdings in Invesco Semiconductors ETF $PSI

Warner Group LLC lowered its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 3.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 185,864 shares of the company’s stock after selling 7,044 shares during the period. Invesco Semiconductors ETF accounts for approximately 9.0% of Warner Group LLC’s holdings, making the stock its largest position. Warner Group LLC owned about 1.45% of Invesco Semiconductors ETF worth $14,657,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BIP Wealth LLC bought a new position in Invesco Semiconductors ETF during the fourth quarter worth about $1,913,000. Hennion & Walsh Asset Management Inc. bought a new position in Invesco Semiconductors ETF during the fourth quarter worth about $618,000. Caprock Group LLC bought a new position in Invesco Semiconductors ETF during the third quarter worth about $561,000. Arete Wealth Advisors LLC grew its holdings in Invesco Semiconductors ETF by 21.6% during the third quarter. Arete Wealth Advisors LLC now owns 42,262 shares of the company’s stock worth $2,972,000 after purchasing an additional 7,521 shares during the period. Finally, Truist Financial Corp grew its holdings in Invesco Semiconductors ETF by 863.8% during the fourth quarter. Truist Financial Corp now owns 45,981 shares of the company’s stock worth $3,626,000 after purchasing an additional 41,210 shares during the period.

Invesco Semiconductors ETF Stock Performance

Invesco Semiconductors ETF stock opened at $142.95 on Tuesday. Invesco Semiconductors ETF has a 52 week low of $50.18 and a 52 week high of $156.17. The stock has a market capitalization of $2.13 billion, a P/E ratio of 29.05 and a beta of 1.78. The stock has a 50-day simple moving average of $114.48 and a 200 day simple moving average of $96.15.

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.