Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) by 12.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,863 shares of the company’s stock after buying an additional 4,071 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Semiconductors ETF were worth $2,986,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in PSI. VSM Wealth Advisory LLC purchased a new position in Invesco Semiconductors ETF in the 4th quarter valued at about $34,000. Geneos Wealth Management Inc. acquired a new stake in shares of Invesco Semiconductors ETF during the fourth quarter valued at about $35,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco Semiconductors ETF during the fourth quarter worth about $60,000. Harbor Asset Planning Inc. lifted its stake in shares of Invesco Semiconductors ETF by 20.7% in the fourth quarter. Harbor Asset Planning Inc. now owns 782 shares of the company’s stock worth $62,000 after acquiring an additional 134 shares in the last quarter. Finally, Allworth Financial LP acquired a new position in shares of Invesco Semiconductors ETF in the third quarter worth about $134,000.
Invesco Semiconductors ETF Stock Performance
Shares of PSI opened at $161.51 on Friday. Invesco Semiconductors ETF has a one year low of $53.17 and a one year high of $165.18. The stock has a 50-day moving average price of $130.41 and a 200 day moving average price of $103.37. The company has a market capitalization of $2.41 billion, a P/E ratio of 29.05 and a beta of 1.80.
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. 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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