Yahav Achim Ve Achayot Provident Funds Management Co Ltd. Cuts Stock Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Yahav Achim Ve Achayot Provident Funds Management Co Ltd. decreased its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 44.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,122 shares of the company’s stock after selling 15,000 shares during the quarter. Invesco Semiconductors ETF accounts for approximately 3.0% of Yahav Achim Ve Achayot Provident Funds Management Co Ltd.’s portfolio, making the stock its 12th largest position. Yahav Achim Ve Achayot Provident Funds Management Co Ltd. owned about 0.13% of Invesco Semiconductors ETF worth $1,100,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its position in Invesco Semiconductors ETF by 0.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 52,232 shares of the company’s stock worth $3,281,000 after buying an additional 225 shares during the last quarter. Western Financial Corp CA lifted its position in Invesco Semiconductors ETF by 3.7% in the third quarter. Western Financial Corp CA now owns 6,597 shares of the company’s stock valued at $379,000 after purchasing an additional 237 shares during the last quarter. Bright Futures Wealth Management LLC. lifted its position in Invesco Semiconductors ETF by 2.8% in the second quarter. Bright Futures Wealth Management LLC. now owns 12,071 shares of the company’s stock valued at $758,000 after purchasing an additional 332 shares during the last quarter. Nilsine Partners LLC lifted its position in Invesco Semiconductors ETF by 1.3% in the second quarter. Nilsine Partners LLC now owns 30,104 shares of the company’s stock valued at $1,891,000 after purchasing an additional 397 shares during the last quarter. Finally, MFA Wealth Advisors LLC bought a new stake in Invesco Semiconductors ETF in the second quarter valued at approximately $31,000.

Invesco Semiconductors ETF Stock Performance

Shares of PSI stock opened at $54.53 on Thursday. Invesco Semiconductors ETF has a fifty-two week low of $42.76 and a fifty-two week high of $67.33. The stock has a 50 day moving average price of $56.29 and a two-hundred day moving average price of $57.83. The company has a market capitalization of $772.69 million, a P/E ratio of 7.37 and a beta of 1.77.

About Invesco Semiconductors ETF

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.