Invesco Semiconductors ETF (NYSEARCA:PSI) is Millington Financial Advisors LLC’s 10th Largest Position

Millington Financial Advisors LLC lifted its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 9.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,459 shares of the company’s stock after purchasing an additional 7,285 shares during the period. Invesco Semiconductors ETF accounts for approximately 3.2% of Millington Financial Advisors LLC’s portfolio, making the stock its 10th largest position. Millington Financial Advisors LLC’s holdings in Invesco Semiconductors ETF were worth $4,032,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. IFP Advisors Inc raised its stake in Invesco Semiconductors ETF by 200.0% in the third quarter. IFP Advisors Inc now owns 660 shares of the company’s stock worth $28,000 after buying an additional 440 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Invesco Semiconductors ETF by 675.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 698 shares of the company’s stock valued at $35,000 after purchasing an additional 608 shares in the last quarter. MV Capital Management Inc. lifted its holdings in shares of Invesco Semiconductors ETF by 200.0% during the third quarter. MV Capital Management Inc. now owns 750 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its position in shares of Invesco Semiconductors ETF by 200.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 768 shares of the company’s stock worth $33,000 after purchasing an additional 512 shares in the last quarter. Finally, CWM LLC boosted its position in shares of Invesco Semiconductors ETF by 200.0% in the 3rd quarter. CWM LLC now owns 945 shares of the company’s stock worth $40,000 after purchasing an additional 630 shares in the last quarter.

Invesco Semiconductors ETF Price Performance

PSI stock traded up $1.11 on Tuesday, reaching $52.00. 43,501 shares of the company traded hands, compared to its average volume of 70,373. The firm has a fifty day simple moving average of $54.67 and a 200-day simple moving average of $48.78. The company has a market cap of $742.04 million, a P/E ratio of 7.56 and a beta of 1.77. Invesco Semiconductors ETF has a one year low of $35.67 and a one year high of $58.59.

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.