Meitav Investment House Ltd. Sells 11,116 Shares of Invesco Semiconductors ETF $PSI

Meitav Investment House Ltd. lessened its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 12.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,330 shares of the company’s stock after selling 11,116 shares during the quarter. Meitav Investment House Ltd.’s holdings in Invesco Semiconductors ETF were worth $5,649,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Harbor Asset Planning Inc. bought a new stake in shares of Invesco Semiconductors ETF during the 2nd quarter valued at $39,000. Simplex Trading LLC increased its position in shares of Invesco Semiconductors ETF by 818.3% in the 2nd quarter. Simplex Trading LLC now owns 753 shares of the company’s stock valued at $45,000 after buying an additional 671 shares in the last quarter. Farther Finance Advisors LLC raised its stake 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 buying an additional 825 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in Invesco Semiconductors ETF during the second quarter worth about $202,000. Finally, Focus Financial Network Inc. acquired a new position in Invesco Semiconductors ETF in the third quarter valued at about $220,000.

Invesco Semiconductors ETF Price Performance

NYSEARCA:PSI opened at $92.54 on Friday. The business’s 50-day simple moving average is $80.07 and its 200-day simple moving average is $71.41. Invesco Semiconductors ETF has a fifty-two week low of $37.64 and a fifty-two week high of $93.63. The stock has a market capitalization of $1.18 billion, a PE ratio of 29.05 and a beta of 1.57.

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.