Millington Financial Advisors LLC Has $5.23 Million Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Millington Financial Advisors LLC grew its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 0.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 89,019 shares of the company’s stock after buying an additional 802 shares during the quarter. Invesco Semiconductors ETF makes up about 3.1% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Millington Financial Advisors LLC owned approximately 0.63% of Invesco Semiconductors ETF worth $5,231,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PSI. PFG Investments LLC boosted its position in shares of Invesco Semiconductors ETF by 10.1% during the third quarter. PFG Investments LLC now owns 8,821 shares of the company’s stock valued at $507,000 after purchasing an additional 808 shares in the last quarter. Golden State Equity Partners boosted its holdings in shares of Invesco Semiconductors ETF by 21.4% during the 3rd quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock valued at $257,000 after buying an additional 785 shares in the last quarter. Capstone Triton Financial Group LLC grew its position in shares of Invesco Semiconductors ETF by 6.3% in the 3rd quarter. Capstone Triton Financial Group LLC now owns 14,872 shares of the company’s stock worth $855,000 after buying an additional 882 shares during the period. Valley Brook Capital Group Inc. grew its position in shares of Invesco Semiconductors ETF by 5.5% in the 3rd quarter. Valley Brook Capital Group Inc. now owns 10,394 shares of the company’s stock worth $598,000 after buying an additional 540 shares during the period. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Invesco Semiconductors ETF in the 3rd quarter worth about $337,000.

Invesco Semiconductors ETF Price Performance

NYSEARCA:PSI opened at $57.52 on Tuesday. The firm has a market capitalization of $723.60 million, a P/E ratio of 30.13 and a beta of 1.35. Invesco Semiconductors ETF has a one year low of $46.60 and a one year high of $67.33. The company’s 50-day simple moving average is $60.07 and its 200 day simple moving average is $57.69.

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.