Members Advisory Group LLC purchased a new stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 17,067 shares of the company’s stock, valued at approximately $1,611,000. Invesco Semiconductors ETF comprises 0.6% of Members Advisory Group LLC’s holdings, making the stock its 24th biggest position.
A number of other institutional investors have also recently bought and sold shares of the business. NFSG Corp raised its stake in shares of Invesco Semiconductors ETF by 55.6% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of Invesco Semiconductors ETF during the 1st quarter valued at about $26,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco Semiconductors ETF during the 1st quarter valued at about $28,000. VSM Wealth Advisory LLC bought a new stake in Invesco Semiconductors ETF in the fourth quarter valued at about $34,000. Finally, Geneos Wealth Management Inc. bought a new stake in Invesco Semiconductors ETF in the fourth quarter valued at about $35,000.
Invesco Semiconductors ETF Stock Down 2.7%
NYSEARCA:PSI opened at $153.69 on Thursday. Invesco Semiconductors ETF has a 12-month low of $57.31 and a 12-month high of $189.24. The firm has a market capitalization of $2.59 billion, a PE ratio of 29.05 and a beta of 1.76. The firm has a 50-day moving average price of $159.71 and a 200 day moving average price of $121.05.
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.
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