Invesco Semiconductors ETF (NYSEARCA:PSI) Shares Bought by Millington Financial Advisors LLC

Millington Financial Advisors LLC lifted its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,459 shares of the company’s stock after buying an additional 7,285 shares during the period. Invesco Semiconductors ETF comprises about 3.2% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Millington Financial Advisors LLC owned 0.56% of Invesco Semiconductors ETF worth $4,032,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. CWM LLC boosted its position in Invesco Semiconductors ETF by 200.0% during the third quarter. CWM LLC now owns 945 shares of the company’s stock valued at $40,000 after purchasing an additional 630 shares during the last quarter. AE Wealth Management LLC acquired a new position in Invesco Semiconductors ETF during the third quarter valued at approximately $256,000. IFP Advisors Inc boosted its position in Invesco Semiconductors ETF by 200.0% during the third quarter. IFP Advisors Inc now owns 660 shares of the company’s stock valued at $28,000 after purchasing an additional 440 shares during the last quarter. Flagship Harbor Advisors LLC boosted its position in Invesco Semiconductors ETF by 196.7% during the third quarter. Flagship Harbor Advisors LLC now owns 23,406 shares of the company’s stock valued at $1,002,000 after purchasing an additional 15,516 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its position in Invesco Semiconductors ETF by 204.3% during the third quarter. DAVENPORT & Co LLC now owns 26,460 shares of the company’s stock valued at $1,132,000 after purchasing an additional 17,766 shares during the last quarter.

Invesco Semiconductors ETF Trading Up 2.2 %

NYSEARCA:PSI traded up $1.11 on Tuesday, hitting $52.00. The company’s stock had a trading volume of 43,501 shares, compared to its average volume of 70,373. The stock has a fifty day moving average of $54.67 and a two-hundred day moving average of $48.78. The firm has a market capitalization of $742.04 million, a P/E ratio of 7.56 and a beta of 1.77. Invesco Semiconductors ETF has a one year low of $35.67 and a one year high of $58.59.

Invesco Semiconductors ETF Company 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.