Private Advisor Group LLC Increases Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

Private Advisor Group LLC lifted its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 3.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 41,804 shares of the company’s stock after buying an additional 1,423 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco Semiconductors ETF were worth $2,421,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in PSI. MML Investors Services LLC lifted its position in Invesco Semiconductors ETF by 3.4% during the 3rd quarter. MML Investors Services LLC now owns 123,909 shares of the company’s stock worth $7,127,000 after acquiring an additional 4,104 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Invesco Semiconductors ETF by 625.0% during the third quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock worth $2,742,000 after purchasing an additional 41,098 shares during the period. Jane Street Group LLC purchased a new position in Invesco Semiconductors ETF in the 3rd quarter valued at $1,630,000. Strategic Blueprint LLC increased its stake in Invesco Semiconductors ETF by 1.8% in the 4th quarter. Strategic Blueprint LLC now owns 24,944 shares of the company’s stock valued at $1,445,000 after buying an additional 430 shares during the period. Finally, Atria Wealth Solutions Inc. raised its position in Invesco Semiconductors ETF by 6.3% during the 4th quarter. Atria Wealth Solutions Inc. now owns 22,052 shares of the company’s stock worth $1,277,000 after buying an additional 1,314 shares during the last quarter.

Invesco Semiconductors ETF Stock Down 2.7 %

Shares of NYSEARCA:PSI opened at $57.52 on Tuesday. Invesco Semiconductors ETF has a 52 week low of $46.60 and a 52 week high of $67.33. The company has a 50-day moving average price of $60.07 and a 200 day moving average price of $57.69. The company has a market cap of $723.60 million, a P/E ratio of 30.13 and a beta of 1.35.

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.