Members Advisory Group LLC Buys 50,067 Shares of Invesco Semiconductors ETF $PSI

Members Advisory Group LLC lifted its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 293.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 67,134 shares of the company’s stock after acquiring an additional 50,067 shares during the quarter. Invesco Semiconductors ETF makes up approximately 3.5% of Members Advisory Group LLC’s holdings, making the stock its 12th biggest holding. Members Advisory Group LLC owned about 0.40% of Invesco Semiconductors ETF worth $12,609,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PSI. First Bancorp Inc ME purchased a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at approximately $43,000. Fifth Third Bancorp bought a new stake in Invesco Semiconductors ETF during the 1st quarter valued at $26,000. NFSG Corp lifted its holdings in shares of Invesco Semiconductors ETF by 55.6% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the period. Ascentis Independent Advisors bought a new position in shares of Invesco Semiconductors ETF during the 1st quarter worth $28,000. Finally, Orion Capital Management LLC bought a new position in shares of Invesco Semiconductors ETF during the 2nd quarter worth $56,000.

Invesco Semiconductors ETF Trading Up 4.9%

Shares of Invesco Semiconductors ETF stock opened at $136.00 on Friday. The stock’s fifty day moving average price is $146.29 and its 200-day moving average price is $133.74. The firm has a market cap of $2.29 billion, a P/E ratio of 29.05 and a beta of 1.79. Invesco Semiconductors ETF has a 12 month low of $63.11 and a 12 month high of $189.24.

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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.