Janney Montgomery Scott LLC acquired a new stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,130 shares of the company’s stock, valued at approximately $297,000.
A number of other large investors also recently modified their holdings of PSI. JPMorgan Chase & Co. increased its stake in Invesco Semiconductors ETF by 625.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock worth $2,742,000 after buying an additional 41,098 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Invesco Semiconductors ETF in the third quarter worth about $383,000. MML Investors Services LLC grew its position in shares of Invesco Semiconductors ETF by 3.4% during the third quarter. MML Investors Services LLC now owns 123,909 shares of the company’s stock worth $7,127,000 after purchasing an additional 4,104 shares in the last quarter. Jane Street Group LLC bought a new stake in Invesco Semiconductors ETF during the 3rd quarter valued at approximately $1,630,000. Finally, Benjamin Edwards Inc. purchased a new position in Invesco Semiconductors ETF in the 3rd quarter worth approximately $233,000.
Invesco Semiconductors ETF Price Performance
PSI stock opened at $58.81 on Wednesday. Invesco Semiconductors ETF has a 1-year low of $46.60 and a 1-year high of $67.33. The business has a 50 day simple moving average of $60.00 and a two-hundred day simple moving average of $57.25. The company has a market capitalization of $833.34 million, a price-to-earnings ratio of 7.37 and a beta of 1.77.
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.
Read More
- Five stocks we like better than Invesco Semiconductors ETF
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- How Investors Can Find the Best Cheap Dividend Stocks
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
Want to see what other hedge funds are holding PSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report).
Receive News & Ratings for Invesco Semiconductors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Semiconductors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
