Caprock Group LLC purchased a new stake in Invesco Semiconductors ETF (NYSEARCA:PSI – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,975 shares of the company’s stock, valued at approximately $561,000. Caprock Group LLC owned about 0.06% of Invesco Semiconductors ETF at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. CWM LLC raised its holdings in shares of Invesco Semiconductors ETF by 31.7% in the second quarter. CWM LLC now owns 9,664 shares of the company’s stock worth $579,000 after acquiring an additional 2,326 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in Invesco Semiconductors ETF during the 2nd quarter worth about $727,000. M Holdings Securities Inc. purchased a new stake in Invesco Semiconductors ETF during the 2nd quarter worth about $1,219,000. PFG Advisors acquired a new position in Invesco Semiconductors ETF in the 2nd quarter valued at about $314,000. Finally, Cetera Investment Advisers lifted its holdings in Invesco Semiconductors ETF by 6.0% in the 2nd quarter. Cetera Investment Advisers now owns 207,094 shares of the company’s stock valued at $12,417,000 after purchasing an additional 11,641 shares in the last quarter.
Invesco Semiconductors ETF Price Performance
Invesco Semiconductors ETF stock opened at $100.38 on Wednesday. The stock has a market capitalization of $1.29 billion, a P/E ratio of 29.05 and a beta of 1.57. Invesco Semiconductors ETF has a 12-month low of $37.64 and a 12-month high of $103.99. The firm’s 50-day moving average is $88.87 and its two-hundred day moving average is $76.88.
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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