JNBA Financial Advisors Purchases New Shares in Invesco Semiconductors ETF $PSI

JNBA Financial Advisors purchased a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 210,945 shares of the company’s stock, valued at approximately $39,620,000. Invesco Semiconductors ETF accounts for 2.0% of JNBA Financial Advisors’ investment portfolio, making the stock its 10th largest holding. JNBA Financial Advisors owned 1.25% of Invesco Semiconductors ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of PSI. NFSG Corp increased its stake in Invesco Semiconductors ETF by 55.6% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Harbour Investments Inc. boosted its stake in shares of Invesco Semiconductors ETF by 2.6% during the fourth quarter. Harbour Investments Inc. now owns 4,644 shares of the company’s stock worth $366,000 after buying an additional 116 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Invesco Semiconductors ETF by 2.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,652 shares of the company’s stock worth $367,000 after buying an additional 124 shares during the period. Creative Planning grew its holdings in shares of Invesco Semiconductors ETF by 3.3% during the third quarter. Creative Planning now owns 6,050 shares of the company’s stock worth $425,000 after buying an additional 191 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of Invesco Semiconductors ETF by 5.0% during the first quarter. Sanctuary Advisors LLC now owns 4,071 shares of the company’s stock worth $384,000 after buying an additional 195 shares during the last quarter.

Invesco Semiconductors ETF Price Performance

Shares of PSI stock opened at $131.81 on Monday. The stock’s 50-day moving average price is $150.58 and its 200 day moving average price is $132.91. The stock has a market capitalization of $2.22 billion, a PE ratio of 29.05 and a beta of 1.79. Invesco Semiconductors ETF has a 52-week low of $60.78 and a 52-week high of $189.24.

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.