Invesco Semiconductors ETF (NYSEARCA:PSI) Stock Position Lifted by National Bank of Canada FI

National Bank of Canada FI lifted its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 1.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 79,032 shares of the company’s stock after purchasing an additional 785 shares during the quarter. National Bank of Canada FI owned about 0.64% of Invesco Semiconductors ETF worth $3,748,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in Invesco Semiconductors ETF by 22.7% in the first quarter. LPL Financial LLC now owns 596,559 shares of the company’s stock valued at $28,265,000 after buying an additional 110,556 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Invesco Semiconductors ETF by 1.1% during the fourth quarter. Captrust Financial Advisors now owns 195,506 shares of the company’s stock valued at $11,324,000 after buying an additional 2,165 shares during the last quarter. Cetera Investment Advisers increased its position in Invesco Semiconductors ETF by 772.1% in the 1st quarter. Cetera Investment Advisers now owns 195,453 shares of the company’s stock valued at $9,261,000 after acquiring an additional 173,041 shares during the period. Envestnet Asset Management Inc. increased its position in Invesco Semiconductors ETF by 5.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 153,650 shares of the company’s stock valued at $7,280,000 after acquiring an additional 8,472 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Invesco Semiconductors ETF in the 4th quarter valued at approximately $7,495,000.

Invesco Semiconductors ETF Price Performance

PSI opened at $62.85 on Friday. Invesco Semiconductors ETF has a 12 month low of $37.64 and a 12 month high of $66.01. The stock has a market cap of $748.54 million, a P/E ratio of 29.05 and a beta of 1.39. The stock’s 50 day moving average price is $59.72 and its 200 day moving average price is $54.16.

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.