Invesco Semiconductors ETF (NYSEARCA:PSI) Shares Acquired by Western Financial Corp CA

Western Financial Corp CA increased its position in Invesco Semiconductors ETF (NYSEARCA:PSI) by 3.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,597 shares of the company’s stock after acquiring an additional 237 shares during the period. Western Financial Corp CA’s holdings in Invesco Semiconductors ETF were worth $379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PSI. MFA Wealth Advisors LLC acquired a new position in Invesco Semiconductors ETF during the second quarter valued at $31,000. International Assets Investment Management LLC purchased a new position in Invesco Semiconductors ETF during the second quarter valued at approximately $48,000. Newbridge Financial Services Group Inc. lifted its holdings in Invesco Semiconductors ETF by 141.2% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock valued at $64,000 after acquiring an additional 600 shares during the period. Comerica Bank grew its stake in shares of Invesco Semiconductors ETF by 237.0% during the 1st quarter. Comerica Bank now owns 1,914 shares of the company’s stock worth $108,000 after purchasing an additional 1,346 shares during the period. Finally, Transcendent Capital Group LLC acquired a new position in shares of Invesco Semiconductors ETF in the 1st quarter valued at $118,000.

Invesco Semiconductors ETF Stock Down 0.9 %

Shares of PSI stock traded down $0.54 during mid-day trading on Monday, hitting $56.48. 53,721 shares of the stock were exchanged, compared to its average volume of 88,518. Invesco Semiconductors ETF has a 52-week low of $37.34 and a 52-week high of $67.33. The company has a market cap of $800.32 million, a PE ratio of 7.37 and a beta of 1.77. The firm has a fifty day moving average of $56.04 and a 200 day moving average of $57.54.

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.