AE Wealth Management LLC trimmed its stake in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) by 88.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,077 shares of the company’s stock after selling 8,669 shares during the period. AE Wealth Management LLC’s holdings in Invesco Semiconductors ETF were worth $76,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the stock. Harbor Asset Planning Inc. bought a new stake in shares of Invesco Semiconductors ETF in the 2nd quarter valued at about $39,000. Simplex Trading LLC lifted its stake in shares of Invesco Semiconductors ETF by 818.3% in the second quarter. Simplex Trading LLC now owns 753 shares of the company’s stock worth $45,000 after acquiring an additional 671 shares during the period. Focus Financial Network Inc. bought a new stake in Invesco Semiconductors ETF in the third quarter valued at approximately $220,000. WNY Asset Management LLC bought a new stake in Invesco Semiconductors ETF in the second quarter valued at approximately $235,000. Finally, IHT Wealth Management LLC acquired a new stake in Invesco Semiconductors ETF during the 2nd quarter valued at approximately $297,000.
Invesco Semiconductors ETF Stock Performance
Invesco Semiconductors ETF stock opened at $99.52 on Tuesday. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 29.05 and a beta of 1.57. Invesco Semiconductors ETF has a 52-week low of $37.64 and a 52-week high of $99.96. The firm has a 50 day moving average price of $86.46 and a two-hundred day moving average price of $75.19.
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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.
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