Steward Partners Investment Advisory LLC Increases Stock Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Steward Partners Investment Advisory LLC increased its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 33.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,380 shares of the company’s stock after purchasing an additional 345 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Invesco Semiconductors ETF were worth $80,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in shares of Invesco Semiconductors ETF by 84.8% in the 4th quarter. Jones Financial Companies Lllp now owns 10,903 shares of the company’s stock valued at $632,000 after buying an additional 5,003 shares during the period. Proficio Capital Partners LLC purchased a new stake in Invesco Semiconductors ETF during the 4th quarter worth approximately $1,033,000. Kovack Advisors Inc. purchased a new stake in Invesco Semiconductors ETF during the 4th quarter worth approximately $251,000. Millington Financial Advisors LLC increased its stake in Invesco Semiconductors ETF by 0.9% during the 4th quarter. Millington Financial Advisors LLC now owns 89,019 shares of the company’s stock worth $5,231,000 after buying an additional 802 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in Invesco Semiconductors ETF by 3.5% during the 4th quarter. Private Advisor Group LLC now owns 41,804 shares of the company’s stock worth $2,421,000 after buying an additional 1,423 shares in the last quarter.

Invesco Semiconductors ETF Trading Up 0.8 %

NYSEARCA:PSI opened at $52.34 on Tuesday. Invesco Semiconductors ETF has a 12 month low of $46.60 and a 12 month high of $67.33. The stock has a 50 day moving average of $58.06 and a two-hundred day moving average of $57.25. The firm has a market cap of $647.97 million, a P/E ratio of 24.55 and a beta of 1.40.

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.