Meitav Investment House Ltd. Sells 11,116 Shares of Invesco Semiconductors ETF $PSI

Meitav Investment House Ltd. trimmed its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 12.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,330 shares of the company’s stock after selling 11,116 shares during the quarter. Meitav Investment House Ltd. owned approximately 0.66% of Invesco Semiconductors ETF worth $5,649,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Prospera Financial Services Inc grew its position in Invesco Semiconductors ETF by 3.2% during the 2nd quarter. Prospera Financial Services Inc now owns 14,857 shares of the company’s stock worth $891,000 after acquiring an additional 463 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of Invesco Semiconductors ETF by 5.0% during the second quarter. AE Wealth Management LLC now owns 9,746 shares of the company’s stock worth $584,000 after purchasing an additional 466 shares during the last quarter. Strategic Blueprint LLC increased its stake in shares of Invesco Semiconductors ETF by 1.9% in the second quarter. Strategic Blueprint LLC now owns 25,044 shares of the company’s stock valued at $1,502,000 after buying an additional 473 shares in the last quarter. Harbor Asset Planning Inc. acquired a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at $39,000. Finally, Simplex Trading LLC raised its holdings in shares of Invesco Semiconductors ETF by 818.3% in the second quarter. Simplex Trading LLC now owns 753 shares of the company’s stock valued at $45,000 after buying an additional 671 shares during the last quarter.

Invesco Semiconductors ETF Stock Up 0.9%

Shares of NYSEARCA:PSI opened at $92.54 on Friday. The firm has a market cap of $1.18 billion, a P/E ratio of 29.05 and a beta of 1.57. Invesco Semiconductors ETF has a 12 month low of $37.64 and a 12 month high of $93.63. The company’s 50-day moving average price is $80.07 and its two-hundred day moving average price is $71.41.

Invesco Semiconductors ETF 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.