Invesco Semiconductors ETF $PSI Shares Bought by M Holdings Securities Inc.

M Holdings Securities Inc. grew its position in Invesco Semiconductors ETF (NYSEARCA:PSI) by 90.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,118 shares of the company’s stock after acquiring an additional 19,583 shares during the quarter. Invesco Semiconductors ETF makes up approximately 1.0% of M Holdings Securities Inc.’s holdings, making the stock its 19th largest position. M Holdings Securities Inc. owned 0.24% of Invesco Semiconductors ETF worth $7,723,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in PSI. Truist Financial Corp boosted its holdings in Invesco Semiconductors ETF by 863.8% in the fourth quarter. Truist Financial Corp now owns 45,981 shares of the company’s stock worth $3,626,000 after purchasing an additional 41,210 shares during the period. Cetera Investment Advisers increased its stake in Invesco Semiconductors ETF by 2.4% during the 1st quarter. Cetera Investment Advisers now owns 185,677 shares of the company’s stock valued at $17,524,000 after buying an additional 4,296 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco Semiconductors ETF by 12.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 37,863 shares of the company’s stock worth $2,986,000 after acquiring an additional 4,071 shares during the period. Wellington Shields & Co. LLC bought a new position in shares of Invesco Semiconductors ETF in the fourth quarter valued at approximately $406,000. Finally, Prospera Financial Services Inc boosted its holdings in shares of Invesco Semiconductors ETF by 33.3% in the fourth quarter. Prospera Financial Services Inc now owns 19,758 shares of the company’s stock valued at $1,558,000 after acquiring an additional 4,933 shares in the last quarter.

Invesco Semiconductors ETF Price Performance

NYSEARCA PSI opened at $131.81 on Monday. Invesco Semiconductors ETF has a 12 month low of $60.78 and a 12 month high of $189.24. The firm has a market capitalization of $2.22 billion, a PE ratio of 29.05 and a beta of 1.79. The company’s 50 day simple moving average is $150.58 and its 200 day simple moving average is $132.91.

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.