M Holdings Securities Inc. Invests $1.22 Million in Invesco Semiconductors ETF $PSI

M Holdings Securities Inc. acquired a new stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 20,326 shares of the company’s stock, valued at approximately $1,219,000. M Holdings Securities Inc. owned about 0.17% of Invesco Semiconductors ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in PSI. Harbor Asset Planning Inc. bought a new position in Invesco Semiconductors ETF during the second quarter valued at about $39,000. Simplex Trading LLC grew its holdings in shares of Invesco Semiconductors ETF by 818.3% during the 2nd quarter. Simplex Trading LLC now owns 753 shares of the company’s stock worth $45,000 after purchasing an additional 671 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Invesco Semiconductors ETF by 458.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,005 shares of the company’s stock worth $60,000 after purchasing an additional 825 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco Semiconductors ETF during the second quarter valued at approximately $202,000. Finally, HighTower Advisors LLC raised its stake in shares of Invesco Semiconductors ETF by 12.7% in the first quarter. HighTower Advisors LLC now owns 4,409 shares of the company’s stock valued at $209,000 after purchasing an additional 497 shares in the last quarter.

Invesco Semiconductors ETF Price Performance

Shares of PSI stock opened at $80.00 on Friday. Invesco Semiconductors ETF has a one year low of $37.64 and a one year high of $80.65. The stock has a fifty day moving average price of $74.51 and a 200 day moving average price of $65.27. The stock has a market cap of $996 million, a P/E ratio of 29.05 and a beta of 1.57.

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.