Simplicity Wealth LLC boosted its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) by 88.6% during the third quarter, HoldingsChannel.com reports. The firm owned 13,755 shares of the company’s stock after acquiring an additional 6,460 shares during the period. Simplicity Wealth LLC’s holdings in Invesco Semiconductors ETF were worth $2,097,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in PSI. Polaris Financial Partners purchased a new stake in Invesco Semiconductors ETF in the 3rd quarter worth approximately $1,302,000. Concurrent Investment Advisors LLC purchased a new stake in Invesco Semiconductors ETF in the 2nd quarter worth approximately $3,081,000. M Holdings Securities Inc. boosted its stake in shares of Invesco Semiconductors ETF by 90.9% during the 2nd quarter. M Holdings Securities Inc. now owns 41,118 shares of the company’s stock valued at $7,723,000 after buying an additional 19,583 shares during the period. MBA Advisors LLC acquired a new stake in shares of Invesco Semiconductors ETF during the 2nd quarter valued at $1,191,000. Finally, Rodgers & Associates LTD acquired a new stake in shares of Invesco Semiconductors ETF during the 2nd quarter valued at $43,092,000.
Invesco Semiconductors ETF Stock Up 2.7%
Invesco Semiconductors ETF stock opened at $122.10 on Tuesday. The company’s fifty day simple moving average is $139.36 and its 200-day simple moving average is $129.43. Invesco Semiconductors ETF has a 12 month low of $66.93 and a 12 month high of $189.24. The stock has a market cap of $2.51 billion, a P/E ratio of 29.05 and a beta of 1.80.
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.
Featured Articles
- Five stocks we like better than Invesco Semiconductors ETF
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Want to see what other hedge funds are holding PSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report).
Receive News & Ratings for Invesco Semiconductors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Semiconductors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
