HighTower Advisors LLC Acquires 365,438 Shares of Invesco Semiconductors ETF $PSI

HighTower Advisors LLC raised its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 205.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 543,240 shares of the company’s stock after buying an additional 365,438 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco Semiconductors ETF were worth $42,840,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. VSM Wealth Advisory LLC bought a new stake in Invesco Semiconductors ETF in the 4th quarter valued at $34,000. Millennium Capital Advisors LLC bought a new stake in Invesco Semiconductors ETF in the 4th quarter valued at $540,000. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Semiconductors ETF by 199.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 101,326 shares of the company’s stock valued at $7,859,000 after buying an additional 67,534 shares during the period. Trek Financial LLC bought a new stake in Invesco Semiconductors ETF in the 4th quarter valued at $5,457,000. Finally, Advisor OS LLC bought a new stake in Invesco Semiconductors ETF in the 4th quarter valued at $205,000.

Invesco Semiconductors ETF Price Performance

Shares of Invesco Semiconductors ETF stock opened at $150.72 on Friday. The firm has a market capitalization of $2.25 billion, a PE ratio of 29.05 and a beta of 1.78. The company’s fifty day moving average price is $117.81 and its two-hundred day moving average price is $97.62. Invesco Semiconductors ETF has a 52-week low of $50.18 and a 52-week high of $156.17.

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.