Invesco Semiconductors ETF (NYSEARCA:PSI – Get Free Report) shares saw unusually-strong trading volume on Tuesday . 859,753 shares traded hands during mid-day trading, an increase of 193% from the previous session’s volume of 293,134 shares.The stock last traded at $170.15 and had previously closed at $175.60.
Invesco Semiconductors ETF Stock Up 6.4%
The stock has a fifty day moving average of $141.94 and a 200-day moving average of $108.90. The firm has a market capitalization of $2.66 billion, a P/E ratio of 29.05 and a beta of 1.80.
Hedge Funds Weigh In On Invesco Semiconductors ETF
A number of large investors have recently modified their holdings of PSI. NFSG Corp increased its holdings in shares of Invesco Semiconductors ETF by 55.6% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Fifth Third Bancorp bought a new position in Invesco Semiconductors ETF in the 1st quarter valued at $26,000. Ascentis Independent Advisors bought a new position in Invesco Semiconductors ETF in the 1st quarter valued at $28,000. VSM Wealth Advisory LLC acquired a new stake in shares of Invesco Semiconductors ETF in the 4th quarter valued at $34,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Invesco Semiconductors ETF during the fourth quarter worth $35,000.
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.
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