Proficio Capital Partners LLC bought a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $1,127,000.
A number of other hedge funds have also added to or reduced their stakes in PSI. NFSG Corp increased its stake in Invesco Semiconductors ETF by 55.6% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the last quarter. Fifth Third Bancorp bought a new stake in Invesco Semiconductors ETF during the 1st quarter worth about $26,000. Ascentis Independent Advisors acquired a new position in shares of Invesco Semiconductors ETF during the 1st quarter worth about $28,000. VSM Wealth Advisory LLC acquired a new position in shares of Invesco Semiconductors ETF during the 4th quarter worth about $34,000. Finally, First Bancorp Inc ME bought a new position in shares of Invesco Semiconductors ETF in the 2nd quarter valued at about $43,000.
Invesco Semiconductors ETF Stock Performance
NYSEARCA:PSI opened at $127.93 on Wednesday. The stock’s 50-day simple moving average is $148.67 and its 200 day simple moving average is $133.31. The company has a market cap of $2.15 billion, a P/E ratio of 29.05 and a beta of 1.79. Invesco Semiconductors ETF has a 52-week low of $60.78 and a 52-week high of $189.24.
Invesco Semiconductors ETF 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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.
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