5,142 Shares in Invesco Semiconductors ETF $PSI Purchased by Wellington Shields & Co. LLC

Wellington Shields & Co. LLC purchased a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 5,142 shares of the company’s stock, valued at approximately $406,000.

Several other large investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC grew its position in Invesco Semiconductors ETF by 205.5% during the fourth quarter. HighTower Advisors LLC now owns 543,240 shares of the company’s stock worth $42,840,000 after buying an additional 365,438 shares during the period. Captrust Financial Advisors grew its position in Invesco Semiconductors ETF by 33.2% during the second quarter. Captrust Financial Advisors now owns 243,386 shares of the company’s stock worth $14,593,000 after buying an additional 60,614 shares during the period. Bank of America Corp DE grew its position in Invesco Semiconductors ETF by 21.8% during the third quarter. Bank of America Corp DE now owns 230,135 shares of the company’s stock worth $16,184,000 after buying an additional 41,215 shares during the period. Warner Group LLC acquired a new position in Invesco Semiconductors ETF during the third quarter worth about $13,566,000. Finally, Ameriprise Financial Inc. grew its position in Invesco Semiconductors ETF by 833.9% during the second quarter. Ameriprise Financial Inc. now owns 151,834 shares of the company’s stock worth $9,129,000 after buying an additional 135,576 shares during the period.

Invesco Semiconductors ETF Trading Up 5.1%

Shares of PSI opened at $161.63 on Wednesday. The firm’s 50-day moving average is $121.62 and its two-hundred day moving average is $99.29. Invesco Semiconductors ETF has a twelve month low of $50.18 and a twelve month high of $162.28. The firm has a market capitalization of $2.41 billion, a P/E ratio of 29.05 and a beta of 1.78.

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.