Royal Bank of Canada Increases Position in Invesco Semiconductors ETF $PSI

Royal Bank of Canada increased its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 5.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 140,433 shares of the company’s stock after purchasing an additional 7,482 shares during the quarter. Royal Bank of Canada owned 0.94% of Invesco Semiconductors ETF worth $13,253,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PSI. Jane Street Group LLC acquired a new position in shares of Invesco Semiconductors ETF during the 1st quarter worth approximately $540,000. Creative Planning acquired a new position in Invesco Semiconductors ETF during the second quarter worth $351,000. Flow Traders U.S. LLC purchased a new position in Invesco Semiconductors ETF during the second quarter valued at $365,000. Ameriprise Financial Inc. grew its position in shares of Invesco Semiconductors ETF by 833.9% in the second quarter. Ameriprise Financial Inc. now owns 151,834 shares of the company’s stock valued at $9,129,000 after purchasing an additional 135,576 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Invesco Semiconductors ETF during the second quarter worth about $2,398,000.

Invesco Semiconductors ETF Stock Up 2.6%

PSI opened at $148.42 on Friday. The company has a market cap of $2.50 billion, a PE ratio of 29.05 and a beta of 1.79. Invesco Semiconductors ETF has a twelve month low of $58.62 and a twelve month high of $189.24. The company has a 50-day moving average price of $156.47 and a 200 day moving average price of $127.55.

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.