Members Advisory Group LLC Buys 50,067 Shares of Invesco Semiconductors ETF $PSI

Members Advisory Group LLC lifted its stake in Invesco Semiconductors ETF (NYSEARCA:PSI) by 293.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,134 shares of the company’s stock after acquiring an additional 50,067 shares during the period. Invesco Semiconductors ETF accounts for 3.5% of Members Advisory Group LLC’s portfolio, making the stock its 12th largest position. Members Advisory Group LLC’s holdings in Invesco Semiconductors ETF were worth $12,609,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Truist Financial Corp lifted its position in shares of Invesco Semiconductors ETF by 863.8% during the fourth quarter. Truist Financial Corp now owns 45,981 shares of the company’s stock valued at $3,626,000 after buying an additional 41,210 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco Semiconductors ETF by 12.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 37,863 shares of the company’s stock worth $2,986,000 after acquiring an additional 4,071 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco Semiconductors ETF by 2.4% during the 1st quarter. Cetera Investment Advisers now owns 185,677 shares of the company’s stock worth $17,524,000 after acquiring an additional 4,296 shares in the last quarter. Prospera Financial Services Inc lifted its position in Invesco Semiconductors ETF by 33.3% during the fourth quarter. Prospera Financial Services Inc now owns 19,758 shares of the company’s stock valued at $1,558,000 after acquiring an additional 4,933 shares during the last quarter. Finally, Wellington Shields & Co. LLC purchased a new stake in Invesco Semiconductors ETF during the fourth quarter valued at approximately $406,000.

Invesco Semiconductors ETF Stock Up 4.9%

Shares of PSI opened at $136.00 on Friday. The company has a 50 day moving average of $146.29 and a two-hundred day moving average of $133.74. Invesco Semiconductors ETF has a twelve month low of $63.11 and a twelve month high of $189.24. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 29.05 and a beta of 1.79.

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.