J.W. Cole Advisors Inc. Makes New $203,000 Investment in Invesco Semiconductors ETF (NYSEARCA:PSI)

J.W. Cole Advisors Inc. acquired a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,500 shares of the company’s stock, valued at approximately $203,000.

Several other large investors also recently added to or reduced their stakes in PSI. FMR LLC boosted its position in shares of Invesco Semiconductors ETF by 43.6% during the third quarter. FMR LLC now owns 2,906 shares of the company’s stock valued at $167,000 after buying an additional 882 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of Invesco Semiconductors ETF during the third quarter valued at approximately $233,000. Golden State Equity Partners boosted its position in shares of Invesco Semiconductors ETF by 21.4% during the third quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock valued at $257,000 after buying an additional 785 shares during the period. Sovran Advisors LLC purchased a new position in shares of Invesco Semiconductors ETF during the fourth quarter valued at approximately $292,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Invesco Semiconductors ETF during the fourth quarter valued at approximately $297,000.

Invesco Semiconductors ETF Price Performance

Shares of NYSEARCA:PSI opened at $59.09 on Friday. 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 $60.14 and a two-hundred day simple moving average of $57.54. The firm has a market capitalization of $837.31 million, a PE 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.