Invesco Semiconductors ETF (NYSEARCA:PSI) Holdings Lowered by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC lowered its stake in Invesco Semiconductors ETF (NYSEARCA:PSI) by 14.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,985 shares of the company’s stock after selling 2,496 shares during the quarter. Capital Wealth Alliance LLC owned approximately 0.11% of Invesco Semiconductors ETF worth $862,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of PSI. MFA Wealth Advisors LLC purchased a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at $31,000. International Assets Investment Management LLC purchased a new stake in Invesco Semiconductors ETF in the 2nd quarter worth about $48,000. Newbridge Financial Services Group Inc. boosted its position in Invesco Semiconductors ETF by 141.2% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock worth $64,000 after acquiring an additional 600 shares during the period. Comerica Bank grew its stake in Invesco Semiconductors ETF by 237.0% during the 1st quarter. Comerica Bank now owns 1,914 shares of the company’s stock valued at $108,000 after acquiring an additional 1,346 shares in the last quarter. Finally, Transcendent Capital Group LLC acquired a new position in shares of Invesco Semiconductors ETF in the 1st quarter valued at about $118,000.

Invesco Semiconductors ETF Stock Performance

Shares of PSI stock traded up $0.22 during trading on Monday, hitting $54.86. 15,367 shares of the company were exchanged, compared to its average volume of 86,890. The firm has a market capitalization of $777.37 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. The business’s 50-day simple moving average is $55.95 and its 200 day simple moving average is $57.56. Invesco Semiconductors ETF has a twelve month low of $39.93 and a twelve month high of $67.33.

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.