Invesco Semiconductors ETF $PSI Shares Bought by VestGen Advisors LLC

VestGen Advisors LLC raised its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 604.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,024 shares of the company’s stock after purchasing an additional 12,892 shares during the period. VestGen Advisors LLC owned 0.07% of Invesco Semiconductors ETF worth $2,291,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Rodgers & Associates LTD bought a new stake in Invesco Semiconductors ETF during the 2nd quarter valued at $43,092,000. JNBA Financial Advisors bought a new stake in shares of Invesco Semiconductors ETF during the 2nd quarter valued at $39,620,000. Cetera Investment Advisers lifted its holdings in Invesco Semiconductors ETF by 2.4% during the 1st quarter. Cetera Investment Advisers now owns 185,677 shares of the company’s stock worth $17,524,000 after purchasing an additional 4,296 shares in the last quarter. Royal Bank of Canada lifted its holdings in Invesco Semiconductors ETF by 5.6% during the 1st quarter. Royal Bank of Canada now owns 140,433 shares of the company’s stock worth $13,253,000 after purchasing an additional 7,482 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Invesco Semiconductors ETF by 57.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 69,311 shares of the company’s stock worth $13,018,000 after purchasing an additional 25,263 shares during the period.

Invesco Semiconductors ETF Stock Down 1.7%

Shares of PSI opened at $129.18 on Friday. Invesco Semiconductors ETF has a twelve month low of $66.93 and a twelve month high of $189.24. The stock has a market cap of $2.54 billion, a PE ratio of 29.05 and a beta of 1.80. The business’s 50-day moving average price is $138.27 and its 200-day moving average price is $130.06.

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.