Valley Brook Capital Group Inc. raised its stake in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) by 5.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,394 shares of the company’s stock after buying an additional 540 shares during the period. Valley Brook Capital Group Inc. owned approximately 0.07% of Invesco Semiconductors ETF worth $598,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Capstone Triton Financial Group LLC increased its position in shares of Invesco Semiconductors ETF by 6.3% in the third quarter. Capstone Triton Financial Group LLC now owns 14,872 shares of the company’s stock valued at $855,000 after buying an additional 882 shares in the last quarter. Golden State Equity Partners grew its stake in Invesco Semiconductors ETF by 21.4% in the 3rd quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock valued at $257,000 after acquiring an additional 785 shares during the last quarter. Valley National Advisers Inc. increased its holdings in Invesco Semiconductors ETF by 4.1% during the 3rd quarter. Valley National Advisers Inc. now owns 33,968 shares of the company’s stock valued at $1,953,000 after acquiring an additional 1,330 shares in the last quarter. PFG Investments LLC increased its holdings in Invesco Semiconductors ETF by 10.1% during the 3rd quarter. PFG Investments LLC now owns 8,821 shares of the company’s stock valued at $507,000 after acquiring an additional 808 shares in the last quarter. Finally, Western Financial Corp CA raised its position in Invesco Semiconductors ETF by 3.7% during the third quarter. Western Financial Corp CA now owns 6,597 shares of the company’s stock worth $379,000 after acquiring an additional 237 shares during the last quarter.
Invesco Semiconductors ETF Trading Up 2.1 %
Shares of NYSEARCA PSI traded up $1.21 during trading on Thursday, reaching $58.82. The company had a trading volume of 12,290 shares, compared to its average volume of 86,505. Invesco Semiconductors ETF has a twelve month low of $40.28 and a twelve month high of $67.33. The stock has a 50-day moving average price of $55.88 and a two-hundred day moving average price of $57.65. The stock has a market capitalization of $833.48 million, a PE ratio of 7.37 and a beta of 1.77.
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.
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