Invesco Semiconductors ETF (NYSEARCA:PSI – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $82.39 and last traded at $82.00, with a volume of 70225 shares changing hands. The stock had previously closed at $80.89.
Invesco Semiconductors ETF Price Performance
The stock has a market capitalization of $1.05 billion, a P/E ratio of 29.05 and a beta of 1.57. The stock’s 50-day simple moving average is $75.49 and its 200 day simple moving average is $66.20.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of PSI. Harbor Asset Planning Inc. acquired a new stake in Invesco Semiconductors ETF during the second quarter worth approximately $39,000. Simplex Trading LLC lifted its holdings in Invesco Semiconductors ETF by 818.3% during the 2nd quarter. Simplex Trading LLC now owns 753 shares of the company’s stock worth $45,000 after purchasing an additional 671 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Invesco Semiconductors ETF by 458.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,005 shares of the company’s stock worth $60,000 after purchasing an additional 825 shares during the last quarter. Allworth Financial LP bought a new stake in Invesco Semiconductors ETF in the 3rd quarter valued at $134,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Invesco Semiconductors ETF in the 2nd quarter valued at $202,000.
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.
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