National Bank of Canada FI Cuts Stake in Invesco Semiconductors ETF (NYSEARCA:PSI)

National Bank of Canada FI reduced its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 0.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,247 shares of the company’s stock after selling 415 shares during the quarter. National Bank of Canada FI’s holdings in Invesco Semiconductors ETF were worth $4,532,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PSI. VSM Wealth Advisory LLC purchased a new stake in shares of Invesco Semiconductors ETF during the fourth quarter valued at approximately $25,000. Steward Partners Investment Advisory LLC lifted its position in Invesco Semiconductors ETF by 33.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,380 shares of the company’s stock valued at $80,000 after acquiring an additional 345 shares in the last quarter. FMR LLC boosted its stake in Invesco Semiconductors ETF by 43.6% during the 3rd quarter. FMR LLC now owns 2,906 shares of the company’s stock valued at $167,000 after purchasing an additional 882 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in shares of Invesco Semiconductors ETF in the 4th quarter worth $203,000. Finally, Benjamin Edwards Inc. purchased a new position in shares of Invesco Semiconductors ETF in the third quarter worth $233,000.

Invesco Semiconductors ETF Price Performance

Shares of NYSEARCA:PSI opened at $39.72 on Monday. Invesco Semiconductors ETF has a 1 year low of $38.18 and a 1 year high of $67.33. The stock’s fifty day moving average price is $54.32 and its 200-day moving average price is $56.79. The company has a market cap of $489.35 million, a P/E ratio of 23.49 and a beta of 1.46.

Invesco Semiconductors ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0051 per share. The ex-dividend date was Monday, March 24th.

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.