Invesco Semiconductors ETF $PSI Stock: Certified Advisory Corp Decreases Holdings

Certified Advisory Corp trimmed its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 97.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,461 shares of the company’s stock after selling 56,110 shares during the quarter. Certified Advisory Corp’s holdings in Invesco Semiconductors ETF were worth $223,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rodgers & Associates LTD acquired a new stake in Invesco Semiconductors ETF during the 2nd quarter worth about $43,092,000. JNBA Financial Advisors acquired a new position in shares of Invesco Semiconductors ETF in the 2nd quarter valued at about $39,620,000. Members Advisory Group LLC lifted its holdings in shares of Invesco Semiconductors ETF by 293.4% in the 2nd quarter. Members Advisory Group LLC now owns 67,134 shares of the company’s stock valued at $12,609,000 after buying an additional 50,067 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco Semiconductors ETF by 57.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 69,311 shares of the company’s stock valued at $13,018,000 after buying an additional 25,263 shares during the period. Finally, M Holdings Securities Inc. boosted its stake in shares of Invesco Semiconductors ETF by 90.9% in the second quarter. M Holdings Securities Inc. now owns 41,118 shares of the company’s stock worth $7,723,000 after buying an additional 19,583 shares during the last quarter.

Invesco Semiconductors ETF Stock Up 3.5%

Shares of PSI opened at $117.88 on Wednesday. Invesco Semiconductors ETF has a 52 week low of $66.93 and a 52 week high of $189.24. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 29.05 and a beta of 1.87. The stock’s 50-day moving average price is $137.04 and its 200-day moving average price is $130.47.

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.