Osaic Holdings Inc. Sells 16,439 Shares of Invesco Semiconductors ETF $PSI

Osaic Holdings Inc. lowered its stake in Invesco Semiconductors ETF (NYSEARCA:PSI) by 20.8% during the second quarter, Holdings Channel reports. The institutional investor owned 62,568 shares of the company’s stock after selling 16,439 shares during the period. Osaic Holdings Inc.’s holdings in Invesco Semiconductors ETF were worth $3,751,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of PSI. CWM LLC boosted its holdings in shares of Invesco Semiconductors ETF by 31.7% during the second quarter. CWM LLC now owns 9,664 shares of the company’s stock worth $579,000 after acquiring an additional 2,326 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in Invesco Semiconductors ETF in the 2nd quarter valued at $727,000. M Holdings Securities Inc. acquired a new position in Invesco Semiconductors ETF in the 2nd quarter valued at $1,219,000. PFG Advisors bought a new position in Invesco Semiconductors ETF during the 2nd quarter worth $314,000. Finally, WNY Asset Management LLC bought a new position in Invesco Semiconductors ETF during the 2nd quarter worth $235,000.

Invesco Semiconductors ETF Stock Performance

PSI opened at $80.82 on Friday. The stock has a fifty day moving average of $77.09 and a 200-day moving average of $68.19. The company has a market capitalization of $1.01 billion, a P/E ratio of 29.05 and a beta of 1.57. Invesco Semiconductors ETF has a fifty-two week low of $37.64 and a fifty-two week high of $84.52.

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.