8,007 Shares in Invesco Semiconductors ETF (NYSEARCA:PSI) Bought by PFG Investments LLC

PFG Investments LLC acquired a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,007 shares of the company’s stock, valued at approximately $452,000.

Several other hedge funds have also added to or reduced their stakes in the business. DAVENPORT & Co LLC increased its holdings in Invesco Semiconductors ETF by 12.5% during the 4th quarter. DAVENPORT & Co LLC now owns 29,755 shares of the company’s stock worth $1,473,000 after purchasing an additional 3,295 shares in the last quarter. Barclays PLC increased its holdings in Invesco Semiconductors ETF by 200.0% during the 3rd quarter. Barclays PLC now owns 3,591 shares of the company’s stock worth $154,000 after purchasing an additional 2,394 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC increased its holdings in Invesco Semiconductors ETF by 381.2% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 10,008 shares of the company’s stock worth $495,000 after purchasing an additional 7,928 shares in the last quarter. UBS Group AG increased its holdings in Invesco Semiconductors ETF by 194.8% during the 3rd quarter. UBS Group AG now owns 186,420 shares of the company’s stock worth $7,979,000 after purchasing an additional 123,192 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its holdings in Invesco Semiconductors ETF by 8.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 9,193 shares of the company’s stock worth $455,000 after purchasing an additional 724 shares in the last quarter.

Invesco Semiconductors ETF Price Performance

PSI stock traded down $1.19 during trading hours on Tuesday, reaching $53.85. 81,414 shares of the stock were exchanged, compared to its average volume of 69,305. The firm’s 50-day moving average is $54.74 and its 200-day moving average is $49.08. The company has a market cap of $763.05 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a 12 month low of $36.18 and a 12 month 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.