WNY Asset Management LLC purchased a new position in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) in the 1st quarter, HoldingsChannel reports. The firm purchased 3,910 shares of the company’s stock, valued at approximately $369,000.
Several other large investors also recently added to or reduced their stakes in PSI. NFSG Corp raised its position in Invesco Semiconductors ETF by 55.6% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Fifth Third Bancorp purchased a new position in shares of Invesco Semiconductors ETF in the 1st quarter worth approximately $26,000. Ascentis Independent Advisors purchased a new position in shares of Invesco Semiconductors ETF in the 1st quarter worth approximately $28,000. VSM Wealth Advisory LLC purchased a new position in shares of Invesco Semiconductors ETF in the 4th quarter worth approximately $34,000. Finally, Geneos Wealth Management Inc. bought a new position in shares of Invesco Semiconductors ETF during the 4th quarter valued at approximately $35,000.
Invesco Semiconductors ETF Stock Performance
NYSEARCA:PSI opened at $136.44 on Friday. The stock’s fifty day moving average is $157.82 and its 200 day moving average is $125.67. Invesco Semiconductors ETF has a fifty-two week low of $57.31 and a fifty-two week high of $189.24. The firm has a market capitalization of $2.30 billion, a PE ratio of 29.05 and a beta of 1.76.
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. 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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