Valley Brook Capital Group Inc. Has $623,000 Position in Invesco Semiconductors ETF $PSI

Valley Brook Capital Group Inc. lowered its position in Invesco Semiconductors ETF (NYSEARCA:PSI) by 6.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,385 shares of the company’s stock after selling 669 shares during the quarter. Valley Brook Capital Group Inc.’s holdings in Invesco Semiconductors ETF were worth $623,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in PSI. Farther Finance Advisors LLC increased its position in Invesco Semiconductors ETF by 458.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,005 shares of the company’s stock valued at $60,000 after purchasing an additional 825 shares during the period. Spire Wealth Management increased its position in Invesco Semiconductors ETF by 21.3% during the 1st quarter. Spire Wealth Management now owns 2,504 shares of the company’s stock valued at $119,000 after purchasing an additional 439 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in Invesco Semiconductors ETF during the 2nd quarter valued at approximately $202,000. HighTower Advisors LLC increased its position in Invesco Semiconductors ETF by 12.7% during the 1st quarter. HighTower Advisors LLC now owns 4,409 shares of the company’s stock valued at $209,000 after purchasing an additional 497 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Invesco Semiconductors ETF during the 2nd quarter valued at approximately $249,000.

Invesco Semiconductors ETF Stock Performance

NYSEARCA:PSI opened at $68.46 on Friday. The company has a market capitalization of $783.87 million, a PE ratio of 29.05 and a beta of 1.39. The company has a 50 day simple moving average of $65.80 and a two-hundred day simple moving average of $57.35. Invesco Semiconductors ETF has a fifty-two week low of $37.64 and a fifty-two week high of $75.09.

About Invesco Semiconductors ETF

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.