PNC Financial Services Group Inc. Sells 472 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

PNC Financial Services Group Inc. lowered its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 2.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,571 shares of the company’s stock after selling 472 shares during the period. PNC Financial Services Group Inc. owned about 0.15% of Invesco Semiconductors ETF worth $1,191,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PSI. Raymond James Financial Inc. bought a new stake in Invesco Semiconductors ETF in the fourth quarter valued at $7,495,000. MML Investors Services LLC increased its stake in Invesco Semiconductors ETF by 3.4% in the third quarter. MML Investors Services LLC now owns 123,909 shares of the company’s stock valued at $7,127,000 after purchasing an additional 4,104 shares in the last quarter. Millington Financial Advisors LLC increased its stake in Invesco Semiconductors ETF by 0.9% in the fourth quarter. Millington Financial Advisors LLC now owns 89,019 shares of the company’s stock valued at $5,231,000 after purchasing an additional 802 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Invesco Semiconductors ETF by 625.0% in the third quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock valued at $2,742,000 after purchasing an additional 41,098 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in Invesco Semiconductors ETF by 3.5% in the fourth quarter. Private Advisor Group LLC now owns 41,804 shares of the company’s stock valued at $2,421,000 after purchasing an additional 1,423 shares in the last quarter.

Invesco Semiconductors ETF Price Performance

Shares of NYSEARCA PSI opened at $51.91 on Monday. The stock has a market capitalization of $642.65 million, a P/E ratio of 24.55 and a beta of 1.40. The company has a 50-day moving average price of $58.25 and a 200-day moving average price of $57.28. Invesco Semiconductors ETF has a 1 year low of $46.60 and a 1 year high of $67.33.

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.